Medtronic Posts Earnings Beat with $0.01 Surplus, Profit Exceeds Expectations

According to Medtronic's (NYSE: MDT) report, the second-quarter earnings per share were $1.26, which was $0.01 better than analysts' expectations of $1.25. The published earnings for this quarter were $8.4B, while analyst expectations were $8.28B.

Guidance Medtronic set its fiscal year 2025 earnings per share forecast at $5.44-$5.50, with analyst predictions stated at $5.45.

Medtronic shares closed at $87.59 for the day. This level indicates that the company has lost 0.27% in value over the past three months, while showing a gain of 16.54% over the last 12 months. In the last 90 days, Medtronic has seen 2 positive earnings per share results and 18 negative earnings per share results.

Check here how Medtronic's stock price reacted to previous earnings reports. According to InvestingPro, Medtronic's financial health score is "Fairly Good Performance." Explore the recent earnings reports and all financial information related to Medtronic here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.