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Investing.com - Medtronic reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Medtronic announced earnings per share of $1.13 on revenue of $7.37B. Analysts polled by Investing.com EPS of $1.12 on revenue of $7.22B.
Medtronic 's are down 10% and is trading at $93.09 , still down 31.50% from its 52 week high of $135.89 set on Thursday, September 9, 2021.
Medtronic follows other major Healthcare sector earnings this month
Medtronic's report follows an earnings missed by Eli Lilly on Thursday, August 4, 2022, who reported EPS of $1.25 on revenue of $6.49B, EPS of $1.7 on revenue of $6.85B.
Pfizer had beat expectations on Thursday, July 28, 2022 with second quarter EPS of $2.04 on revenue of $27.74B, for EPS of $1.72 on revenue of $25.49B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar