Medtronic (MDT) Reports In-Line Q3 EPS; Guides Q4 In-Line
Medtronic (NYSE: MDT) reported Q3 EPS of $1.37, in-line with the analyst estimate of $1.37. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.94 billion.
GUIDANCE:
Medtronic sees Q4 2022 EPS of $1.56-$1.58, versus the consensus of $1.58. The company expects fourth quarter organic revenue growth of approximately 5.5%, in line with current fourth quarter organic revenue growth Street consensus.
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