Investing.com - Medtronic (NYSE:MDT) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.22 on revenue of $7.48B. Analysts polled by Investing.com anticipated EPS of $1.15 on revenue of $7.35B. That compared to EPS of $1.07 on revenue of $7.05B in the same period a year earlier. The company had reported EPS of $1.17 on revenue of $7.38B in the previous quarter.
For the year, Medtronic shares are up 11.91%, outperforming the S&P 500 which is up 0.26% year to date.
Medtronic follows other major Healthcare sector earnings this month
On October 30, Pfizer reported third quarter EPS of $0.78 on revenue of $13.3B, compared to forecasts of EPS of $0.75 on revenue of $13.5B.
Merck&Co earnings beat analyst's expectations on October 25, with third quarter EPS of $1.19 on revenue of $10.79B. Investing.com analysts expected EPS of $1.14 on revenue of $10.89B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar