Medtronic: Q2 Earnings Insights

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Medtronic MDT reported its Q2 earnings results on Tuesday, November 21, 2023 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Medtronic beat estimated earnings by 5.93%, reporting an EPS of $1.25 versus an estimate of $1.18.

Revenue was up $399.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 0.05% drop in the share price the next day.

Here's a look at Medtronic's past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 1.11 1.56 1.27 1.28
EPS Actual 1.20 1.57 1.30 1.30
Revenue Estimate 7.57B 8.25B 7.53B 7.70B
Revenue Actual 7.70B 8.54B 7.73B 7.58B

To track all earnings releases for Medtronic visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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