Medtronic Notches Strong Quarter Despite FX Headwinds

By | December 3, 2015

Scalper1 News

Medical-device giant Medtronic (MDT) was up in early trading Thursday after it beat fiscal Q2 earnings estimates and raised the low end of its full-year profit guidance. In the quarter ended Oct. 30, Medtronic made $1.03 a share, excluding one-time items. That’s up 1% from the year-earlier quarter and 3 cents above analysts’ consensus, according to Thomson Reuters. Sales totaled $7.06 billion, in line with consensus and up 6% on a pro forma basis, Scalper1 News

Scalper1 News