This morning, Medtronic (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.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.