Medtronic reports third quarter fiscal 2022 financial results

Go back to Medtronic reports third quarter fiscal 2022 financial results

Medtronic, Inc. (MDT) PT Lowered to $124 at Needham & Company

February 22, 2022 1:59 PM EST

Needham & Company analyst Michael Matson lowered the price target on Medtronic, Inc. (NYSE: MDT) to $124.00 (from $128.00) while maintaining a Buy rating following earnings.

The analyst commented, "MDT's F3Q22 revenue missed consensus while its EPS beat consensus and organic revenue growth slowed... More

Medtronic (MDT) Reports In-Line Q3 EPS; Guides Q4 In-Line

February 22, 2022 6:46 AM EST

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... More