BUZZ - Stryker's stock falls after lowering annual profit forecast

October 29 - ** Stryker (SYK.N) shares fell 8.5% in after-hours trading to $285.30

** Expects annual adjusted earnings per share to be between $14.80 and $14.90, compared to the previous forecast range of $14.95 to $15.10

** According to data compiled by London Stock Exchange Group (LSEG), analysts had previously expected annual earnings per share of $14.95

** Expects organic net sales growth rate in 2026 to be between 6.5% and 7%, down from its previous forecast range of 8.3% to 9.3%

** Third quarter adjusted earnings per share were $3.52, while analysts expected $3.55

** Report shows third quarter net sales increased 7.7% to $6.5 billion, while the market had expected $6.62 billion

** As of the close of the previous trading day, the stock was down 11.5% year to date

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