Investing.com - Medtronic reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.31 on revenue of $7.71B. Analysts polled by Investing.com forecast EPS of $1.28 on revenue of $7.66B. That compared to EPS of $1.22 on revenue of $7.5B in the same period a year earlier. The company had reported EPS of $1.26 on revenue of $7.49B in the previous quarter.
Medtronic follows other major Healthcare sector earnings this month
On October 29, Merck&Co reported third quarter EPS of $1.51 on revenue of $12.4B, compared to forecasts of EPS of $1.24 on revenue of $11.64B.
Novartis ADR earnings beat analysts' expectations on October 22, with third quarter EPS of $1.41 on revenue of $12.17B. Investing.com analysts expected EPS of $1.32 on revenue of $11.7B
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