Medtronic (NYSE:MDT) will announce its earnings results before the market opens on Thursday, May 23rd. Analysts expect the company to announce earnings of $1.47 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Medtronic (NYSE:MDT) last issued its earnings results on Tuesday, February 19th. The medical technology company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.05. Medtronic had a net margin of 16.10% and a return on equity of 13.85%. The firm had revenue of $7.55 billion for the quarter, compared to analysts’ expectations of $7.53 billion. During the same quarter last year, the business earned $1.17 earnings per share. The business’s revenue was up 2.4% on a year-over-year basis. On average, analysts expect Medtronic to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of Medtronic stock opened at $87.77 on Wednesday. The company has a current ratio of 2.36, a quick ratio of 1.92 and a debt-to-equity ratio of 0.47. Medtronic has a 52-week low of $81.66 and a 52-week high of $100.15. The company has a market capitalization of $117.66 billion, a PE ratio of 18.40, a PEG ratio of 2.18 and a beta of 0.78.
Medtronic Company Profile
Medtronic plc develops, manufactures, distributes, and sells device-based medical therapies to hospitals, physicians, clinicians, and patients worldwide. It operates through four segments: Cardiac and Vascular Group, Minimally Invasive Therapies Group, Restorative Therapies Group, and Diabetes Group.
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