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Medtronic Earnings Beat, Revenue Misses In Q2 -Breaking

by Mike Robinson

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© Reuters. Medtronic Revenues Misses Q2 Despite Beating Earnings

Investing.com – Medtronic (NYSE.) On Tuesday, the second quarter ended with revenue and forecasts that were higher than expected.

Medtronic reported earnings per share at $1.32 on revenues of $7.85 billion. Investing.com polled analysts and predicted EPS at $1.29 for revenue $7.98B.

Medtronic shares have fallen 0% since the start of the year. However, they are still 13.98% below their 52-week high of $135.89 on September 9. They are under-performing the S&P 500 which is up 24.68% from the start of the year.

Medtronic reports on major healthcare industry earnings for this month

Medtronic reports on Pfizer’s earnings beat on November 2. Pfizer reported EPS at $1.34 for revenue $24.09B. Forecasts were $1.08 for revenue $22.58B.

Novo Nordisk ADR beat all expectations with $0.8209 third quarter earnings per share on $5.55B in revenue, as compared to $0.7768 forecast on $5.39B revenue.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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