Smith & Nephew reports Q2 GAAP EPS of $0.36, revenue of $1.6B

Earnings
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Summary · why it matters

Smith & Nephew reported second-quarter GAAP earnings per share of $0.36 on revenue of $1.6 billion, up 3.2% year-over-year. Trading profit for the first half reached $566 million, an 8.10% increase year-over-year, expanding the trading profit margin by 60 basis points to 18.30%. Cash generated from operations reached $605 million.

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Smith & Nephew PLC
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Q2 EPS and revenue beat, trading profit up 8.1%, margin expanded, strong cash flow.