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Stock impact report

Medtronic (MDT) Q1 Earnings Beat Estimates, Margins Up (Revised) [Yahoo! Finance]

Medtronic plc. Ordinary Shares (MDT) 
Last medtronic plc. ordinary shares earnings: 2/18 06:45 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.medtronic.com
Company Research Source: Yahoo! Finance
Segment Details The company generates revenues from four major segments, namely Cardiovascular Portfolio, Medical Surgical Portfolio, Neuroscience Portfolio and Diabetes. In the fiscal first quarter, Cardiovascular revenues increased 5.5% at CER to $2.85 billion, with all three divisions reporting organic growth this quarter. This compares with our model projection of $2.76 billion for Q1. Cardiac Rhythm & Heart Failure sales totaled $1.45 billion, up 4.7% year over year at CER. Revenues from Structural Heart & Aortic were up 9.9% at CER to $814 million. Coronary & Peripheral Vascular revenues were up 1.7% year over year to $589 million. In Medical Surgical , worldwide sales totaled $2.04 billion, up 5.5% year over year at CER. The Surgical & Endoscopy revenue grew 6.3% while Patient Monitoring & Respiratory Interventions revenues rose 2.9%. This compares with our model projection of $2.12 billion for Q1. Medtronic PLC Price, Consensus and EPS Surprise Medtronic PLC price Show less Read more
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