Stryker Beats Consensus but Still Feels COVID-19 Sting

Stryker Beats Consensus but Still Feels COVID-19 Sting

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Medical Devices and Diagnostics Industry
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Orthopedic companies are feeling the pressures of COVID-19 and the virus’s negative effect on elective surgeries. Stryker Corp’s 2Q20 earnings were negatively impacted even though the Kalamazoo, MI-based company was able to beat consensus forecast.