NYSE:MDT

Medtronic (MDT) Earnings Date, Estimates & Call Transcripts

$78.96

-1.01 (-1.26%)

(As of 09/26/2023 ET)

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Today's Range: $78.62
▼
$79.49
50-Day Range: $78.96
▼
$90.40
52-Week Range: $75.76
▼
$92.02

Volume: 5.17 million shs
Average Volume: 4.73 million shs
Market Capitalization: $105.06 billion

P/E Ratio: 29.14
Dividend Yield: 3.50%
Price Target: $91.67

Upcoming Earnings Date: Nov. 28Estimated
Actual EPS (Aug. 22): $1.20 Beat By $0.09
Consensus EPS (Aug. 22): $1.11

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Earnings Per Share Revenue

MDT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MDT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Medtronic Analyst Forecasts

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2023	5	$1.33	$1.47	$1.41
Q2 2023	7	$1.27	$1.47	$1.34
Q3 2023	7	$1.26	$1.52	$1.37
Q4 2023	7	$1.49	$1.72	$1.58
FY 2023	26	$5.35	$6.18	$5.70
Q1 2024	4	$1.10	$1.51	$1.31
Q2 2024	4	$1.16	$1.54	$1.35
Q3 2024	4	$1.24	$1.58	$1.43
Q4 2024	2	$1.48	$1.49	$1.49
FY 2024	14	$4.98	$6.12	$5.57
Q1 2025	2	$1.21	$1.23	$1.22
Q2 2025	2	$1.27	$1.46	$1.37
Q3 2025	2	$1.25	$1.35	$1.30
Q4 2025	2	$1.39	$1.57	$1.48
FY 2025	8	$5.12	$5.61	$5.37
Q1 2026	1	$1.33	$1.33	$1.33

MDT Earnings Date and Information

Medtronic last released its earnings results on August 22nd, 2023. The medical technology company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.11 by $0.09. The business earned $7.70 billion during the quarter, compared to analysts' expectations of $7.57 billion. Its revenue for the quarter was up 4.5% on a year-over-year basis. Medtronic has generated $2.71 earnings per share over the last year ($2.71 diluted earnings per share) and currently has a price-to-earnings ratio of 29.1. Earnings for Medtronic are expected to grow by 6.84% in the coming year, from $5.12 to $5.47 per share. Medtronic has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 28th, 2023 based off prior year's report dates.

Medtronic Earnings History by Quarter

Time Frame

Start Date

End Date

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Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/28/2023 Estimated)	-	-	-	-	-	-	-
8/22/2023	Q3 2023	$1.11	$1.20	+$0.09	$1.81	$7.57 billion	$7.70 billion
5/25/2023	Q4 2023	$1.56	$1.57	+$0.01	$2.26	$8.25 billion	$8.54 billion
2/21/2023	Q3 2023	$1.27	$1.30	+$0.03	$1.68	$7.53 billion	$7.70 billion
11/22/2022	Q2 2023	$1.28	$1.30	+$0.02	$2.28	$7.70 billion	$7.59 billion
8/23/2022	Q1 2023	$1.12	$1.13	+$0.01	$1.56	$7.20 billion	$7.37 billion
5/26/2022	Q4 2022	$1.56	$1.52	($0.04)	$1.94	$8.43 billion	$8.09 billion
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2/22/2022	Q3 2022	$1.36	$1.37	+$0.01	$1.64	$7.91 billion	$7.76 billion
11/23/2021	Q4 2021	$1.29	$1.32	+$0.03	$1.67	$7.98 billion	$7.85 billion
8/23/2021	Q3 2021	$1.32	$1.41	+$0.09	$2.26	$7.88 billion	$7.99 billion
5/26/2021	Q2 2021	$1.42	$1.50	+$0.08	$2.00	$8.13 billion	$8.19 billion
2/23/2021	Q1 2021	$1.15	$1.29	+$0.14	$1.64	$7.77 billion	$7.78 billion
11/23/2020	Q4 2020	$0.80	$1.02	+$0.22	$1.68	$7.05 billion	$7.65 billion

Medtronic Earnings - Frequently Asked Questions

When is Medtronic's earnings date?: Medtronic has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 28th, 2023 based off last year's report dates. Learn more on MDT's earnings history.
Did Medtronic beat their earnings estimates last quarter?: In the previous quarter, Medtronic (NYSE:MDT) reported $1.20 earnings per share (EPS) to beat the analysts' consensus estimate of $1.11 by $0.09. Learn more on analysts' earnings estimate vs. MDT's actual earnings.
How can I listen to Medtronic's earnings conference call?: The conference call for Medtronic's latest earnings report can be listened to online. Listen to Conference Call
How can I read Medtronic's conference call transcript?: The conference call transcript for Medtronic's latest earnings report can be read online. Read Transcript

How much revenue does Medtronic generate each year?: Medtronic (NYSE:MDT) has a recorded annual revenue of $31.23 billion.
How much profit does Medtronic generate each year?: Medtronic (NYSE:MDT) has a recorded net income of $3.76 billion. MDT has generated $2.71 earnings per share over the last four quarters.
What is Medtronic's price-to-earnings ratio?: Medtronic (NYSE:MDT) has a trailing price-to-earnings ratio of 29.14 and a forward price-to-earnings ratio of 15.42. The price/earnings-to-growth ratio is 2.81.
What is Medtronic's EPS forecast for next year?: Medtronic's earnings are expected to grow from $5.12 per share to $5.47 per share in the next year, which is a 6.84% increase.

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This page (NYSE:MDT) was last updated on 9/27/2023 by MarketBeat.com Staff

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Medtronic (MDT) Earnings Date, Estimates & Call Transcripts

MDT Earnings Estimates and Actuals by Quarter

MDT Estimated and Actual Revenue by Quarter

Medtronic Analyst Forecasts

MDT Earnings Date and Information

Medtronic Earnings History by Quarter

Medtronic Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat

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Medtronic (MDT) Earnings Date, Estimates & Call Transcripts

Earnings Summary

MDT Earnings Estimates and Actuals by Quarter

MDT Estimated and Actual Revenue by Quarter

Medtronic Analyst Forecasts

MDT Earnings Date and Information

Medtronic Earnings History by Quarter

Medtronic Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat