1 week ago
Medtronic PLC (NYSE:MDT) posted better-than-expected earnings for the third quarter on Tuesday.
The company posted adjusted EPS of $1.36, beating market estimates of $1.33. The company’s quarterly sales came in at $9.017 billion, versus expectations of $8.905 billion.
Medtronic affirmed its FY2026 adjusted EPS guidance of $5.62-$5.66, versus market estimates of $5.65.
"This quarter, we again delivered accelerated growth while investing decisively in our future," said Thierry Piéton, Medtronic CFO. "We continued to invest in R&D to strengthen our innovation pipeline, funded significant growth opportunities while driving G&A leverage, and we executed on our M&A and venture strategy with ...
