Medtronic raises full-year outlook after stronger 1Q profit and sales
Medtronic lifted its full-year outlook after posting higher fiscal first-quarter profit and sales, citing broad-based demand and contributions from newer growth platforms. It now expects adjusted earnings of $5.94 to $6 a share.
By Connor HartMedtronic raised its outlook for the year after posting higher fiscal first-quarter profit and sales, driven by broad-based demand and contributions from newer growth platforms.The medical-device maker on Tuesday said it now expects full-year adjusted earnings of $5.94 to $6 a share…