Medtronic
inventory was falling Tuesday soon after the clinical machine maker missed fiscal second-quarter sales expectations and lowered its earnings advice for the calendar year.
Medtronic
(ticker: MDT) noted modified earnings of $1.30 a share on earnings of $7.59 billion in its fiscal 2nd quarter, compared with adjusted earnings of $1.32 a share on income of $7.85 billion last yr. Analysts surveyed by FactSet had been expecting adjusted earnings of $1.28 a share on revenue of $7.7 billion.
Medtronic
inventory was falling Tuesday soon after the clinical machine maker missed fiscal second-quarter sales expectations and lowered its earnings advice for the calendar year.
Medtronic
(ticker: MDT) noted modified earnings of $1.30 a share on earnings of $7.59 billion in its fiscal 2nd quarter, compared with adjusted earnings of $1.32 a share on income of $7.85 billion last yr. Analysts surveyed by FactSet had been expecting adjusted earnings of $1.28 a share on revenue of $7.7 billion.
