Investing.com - Medtronic reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Medtronic announced earnings per share of $1.52 on revenue of $8.09B. Analysts polled by Investing.com EPS of $1.57 on revenue of $8.44B.
Medtronic 's are up 2% and is trading at $105.54 , still down 22.33% 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 Novo Nordisk ADR on Friday, April 29, 2022, who reported EPS of $0.881 on revenue of $5.96B, EPS of $0.8828 on revenue of $5.96B.
Pfizer had beat expectations on Tuesday, May 3, 2022 with first quarter EPS of $1.62 on revenue of $25.66B, for EPS of $1.49 on revenue of $24.1B.
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