Medtronic Reports Second Quarter Financial Results

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Medtronic (MDT) Tops Q2 EPS by 7c

November 20, 2018 6:48 AM EST

Medtronic (NYSE: MDT) reported Q2 EPS of $1.22, $0.07 better than the analyst estimate of $1.15. Revenue for the quarter came in at $7.5 billion versus the consensus estimate of $7.35 billion.

GUIDANCE:

Medtronic sees FY2019 EPS of $5.10-$5.15, versus the consensus of $5.12.

The company today updated its fiscal year 2019 guidance.For fiscal year 2019, the company is increasing its organic... More