The company said, “Considering our year-to-date results, strong demand for our products and our operational momentum, we are raising our full year 2025 guidance and now expect organic net sales growth of 9.5% to 10.0% and adjusted net earnings per diluted share to be in the range of $13.40 to $13.60. Our updated sales guidance includes a modestly favorable pricing impact. In addition, foreign exchange is expected to have a slightly positive impact on both sales and adjusted net earnings per diluted share should rates hold near current levels. We now estimate a net impact from tariffs in 2025 of approximately $175 million. This estimate reflects the latest updates since the date of our last earnings press release, including a reduction in bilateral United States and China tariffs as well as the recent announcement of the proposed tariff framework between the United States and the European Union.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SYK:
- Notable companies reporting after market close
- Stryker’s Consistent Growth and Market Positioning Justify Buy Rating
- Roth MKM medical technology analyst holds analyst/industry conference call
- DoorDash, Southwest downgraded: Wall Street’s top analyst calls
- Zimmer Biomet upgraded to Buy from Neutral at Roth Capital