Medtronic: Fiscal Q2 Earnings Snapshot
By AP News
Published - Nov 19, 2024, 06:55 AM ET
Last Updated - Dec 16, 2024, 05:20 PM EST
DUBLIN (AP) — DUBLIN (AP) — Medtronic PLC (MDT) on Tuesday reported fiscal second-quarter net income of $1.27 billion.
The Dublin-based company said it had net income of 99 cents per share. Earnings, adjusted for one-time gains and costs, were $1.26 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The medical device company posted revenue of $8.4 billion in the period, which also beat Street forecasts. Eleven analysts surveyed by Zacks expected $8.26 billion.
