Medtronic climbs after Q4 results beat
03/06/2026 12:13
BUZZ-Medtronic climbs after Q4 results beat ** Shares of medical device maker Medtronic MDT.N rise 2.4% to $75.50 premarket
** MDT reports Q4 adj. profit of $1.55/shr vs analysts' average estimate of $1.54/shr - LSEG data
** Co's quarterly revenue of $9.81 billion beats analysts' average expectation of $9.63 billion on strong demand for its heart devices
** MDT forecasts fiscal 2027 adj. profit in the range of $5.90 to $6 per share vs analysts' expectation of $6.06 per share
** Up to last close, stock down 23% YTD
(Reporting by Christy Santhosh)
Recent news on Medtronic
See all newsStreet View: Medtronic moves from 'show me' story to 'trust the setup' story
U.S. STOCKS ON THE MOVE-Medtronic, Macy's, USA Rare Earth
S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT
U.S. STOCKS ON THE MOVE-USA Rare Earth, MiniMed, Rent the Runway
Medtronic climbs after Q4 results beat estimates