Medtronic (NYSE:MDT) reported its Q2 earnings results on Tuesday, November 21, 2023 at 06:45 AM.
Here’s what investors need to know about the announcement.
Earnings
Medtronic beat estimated earnings by 5.93%, reporting an EPS of $1.25 versus an estimate of $1.18.
Revenue was up $399.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 0.05% drop in the share price the next day.
Here’s a look at Medtronic’s past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.11 | 1.56 | 1.27 | 1.28 |
| EPS Actual | 1.20 | 1.57 | 1.30 | 1.30 |
| Revenue Estimate | 7.57B | 8.25B | 7.53B | 7.70B |
| Revenue Actual | 7.70B | 8.54B | 7.73B | 7.58B |
To track all earnings releases for Medtronic visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
