Medtronic Beats Q4, Hikes Dividend, But 2026 Outlo…
From Financial Modeling Prep: 2025-05-21 15:22:00
Medtronic (NYSE:MDT) reported strong fiscal Q4 earnings and revenue, exceeding expectations. The company plans to spin off its Diabetes business. Full-year fiscal 2026 guidance fell short of analyst estimates.
In Q4, Medtronic posted EPS of $1.62, surpassing the $1.58 consensus. Revenue increased 3.6% to $8.93 billion, beating the $8.82 billion forecast. Adjusted operating margin improved to 27.8%.
For fiscal 2026, Medtronic expects EPS between $5.50 and $5.60, below the Street’s $5.83 estimate. The company anticipates approximately 5% organic revenue growth.
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