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Medtronic Earnings, Revenue beat in Q2

Published 20/11/2018, 11:00 pm
Updated 20/11/2018, 11:00 pm
© Reuters.

© Reuters.

Investing.com - Medtronic (NYSE:MDT) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.

The firm reported earnings per share of $1.22 on revenue of $7.48B. Analysts polled by Investing.com forecast EPS of $1.15 on revenue of $7.35B. That compared to EPS of $1.07 on revenue of $7.05B in the same period a year earlier. The company had reported EPS of $1.17 on revenue of $7.38B in the previous quarter.

For the year, Medtronic shares are up 11.91%, outperforming the S&P 500 which is up 0.26% year to date.

Medtronic follows other major Healthcare sector earnings this month


On Tuesday, October 30, 2018, Pfizer reported third quarter EPS of $0.78 on revenue of $13.3B, compared to forecasts of EPS of $0.75 on revenue of $13.5B.

Merck&Co earnings beat analyst's expectations on Thursday, October 25, 2018, with third quarter EPS of $1.19 on revenue of $10.79B. Investing.com analysts expected EPS of $1.14 on revenue of $10.89B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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