This morning, Medtronic (NYSE:MDT) reported fiscal third quarter earnings of $762 million, or 75 cents per share, as revenue climbed to $4.16 billion. Excluding one-time items, the company would have earned 91 cents per share, matching Wall Street estimates. In the report, Medtronic said sales in emerging markets climbed by 10% to $521 million, suggesting that the company is finding growth abroad. Furthermore, the company revised its 2014 earnings estimates to the range of $3.81 per share to $3.83 per share, tightening the previous guidance. On the news, shares of Medtronic were lower, falling 2.6% today.
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