Investing.com - Medtronic (NYSE:MDT) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Medtronic announced earnings per share of $1.41 on revenue of $7.99B. Analysts polled by Investing.com anticipated EPS of $1.32 on revenue of $7.87B.
Medtronic shares are up 9% from the beginning of the year and are trading at $128.48 , down-from-52-week-high.They are under-performing the S&P 500 which is up 19.26% from the start of the year.
Medtronic follows other major Healthcare sector earnings this month
Medtronic's report follows an earnings beat by Pfizer on Wednesday, July 28, 2021, who reported EPS of $1.07 on revenue of $18.98B, compared to forecasts EPS of $0.9705 on revenue of $18.71B.
Novo Nordisk ADR had beat expectations on Wednesday, August 4, 2021 with second quarter EPS of $0.8379 on revenue of $5.26B, compared to forecast for EPS of $0.7823 on revenue of $5.16B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar