Shares of artificial hip maker Stryker (SYK) fell�slightly in after-hours�trading on Wednesday, even though the�medical device�giant� reported that third-quarter� profits�beat the Street’s expectations and�raised its full-year earnings per share forecast.
At $49.31, the shares fell 10 cents, or 0.2% in after-hours trading. Stryker closed at $49.41� a share.
Stryker posted operating profits�of 91 cents a share, beating the Street’s estimates by two cents a share,�on revenue of $2 billion. The better-than-expected�profits�stemmed from acquisitions.
The company�told investors it expects to earn between $3.70 a share�and $3.74 a share�this year.
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