Medtronic reports Q1 FY2027 results; raises FY2027 guidance
Medtronic reported first quarter fiscal 2027 results and raised fiscal 2027 guidance.
Story updates
10:45:34 AM UTC
SquawkNews
Medtronic NYSE:MDT raised the lower end of its fiscal 2027 profit forecast and revenue growth outlook on Tuesday, banking on strong demand for its heart devices used in complex cardiovascular procedures.Investor expectations for medical device makers have remained high in recent quarters, boosted b…
10:55:25 AM UTC
SquawkNews
Adj EPS $1.45 (est $1.39) - Rev $9.76B (est $9.54B) - Outlook FY27 Adj EPS $5.94 To $6 (est $5.96) - Outlook FY27 Adj Rev About $38.9B To $39.2B (est $38.83B) - Outlook FY27 Organic Rev Growth 7.25% To 7.75%, Saw 6.75% To 7.25%
11:05:26 AM UTC
SquawkNews
$MDT Medtronic Q1 2027 Earnings
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