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Benzinga

Business

Avi Kapoor

RARE PHOTOS: These analysts boost their forecasts on medtronic after upbeat q1 earnings | Vintage Vibes

Chicago,,Illinois,,Usa,,Aug,31,,2023,,Medtronic,Tech:,A,Symbol

Medtronic plc (NYSE:MDT) posted better-than-expected earnings for the first quarter and announced key board appointments on Tuesday, naming John Groetelaars and Bill Jellison as independent directors, effective immediately.

Medtronic reported strong first-quarter 2026 results, with sales hitting $8.58 billion, surpassing the consensus estimate of $8.38 billion. This marks an 8.4% increase year-over-year, with organic growth of 4.8%. Adjusted earnings of $1.26 per share also beat expectations of $1.23.

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