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Medtronic sees $250M impact from Hurricane Maria in FQ2 [Seeking Alpha]

MEDTRONIC PLC (MDT)  More Company Research Source: Seeking Alpha
Last medtronic plc earnings: 8/21 06:45 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.medtronic.com
PDF Medtronic sees $250M impact from Hurricane Maria in FQ2Medtronic plc (NYSE:MDT)estimates that the effects from Hurricane Maria on its Puerto Rico operations will affect certain products in all four of its business groups in fiscal Q2, particularly its U.S. Minimally Invasive and Restorative Therapies Groups.It sees up to a $250M FQ2 hit to both revenue and non-GAAP net earnings (quarter ends on October 27).Excluding the expected impact of the hurricane, the company stands by its fiscal Q2 and fiscal year guidance.Now read:3 Reasons To Avoid This Legendary Dividend King In Favor Of A Far Superior Alternative » [Read more]

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