Loading...
Loading...
Medtronic
MDT reported a drop in its third-quarter net earnings.
Medtronic's quarterly net earnings fell to $762 million, or $0.75 per share, versus $988 million, or $0.97 per share, in the year-ago period. Excluding one-time items, it earned $0.91 per share, versus analysts' estimates of $0.91 per share.
Its revenue climbed 3% to $4.16 billion. Medtronic's spinal product sales fell 1% to $744 million, while its sales of diabetes products gained 16% to $436 million.
Medtronic shares rose 0.53% to $56.90 in pre-market trading.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in