DUBLIN (AP) — DUBLIN (AP) — Medtronic PLC (MDT) on Tuesday reported fiscal second-quarter profit of $909 million.
On a per-share basis, the Dublin-based company said it had net income of 68 cents. Earnings, adjusted for amortization costs and pretax expenses, came to $1.25 per share.
The results topped Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.
The medical device company posted revenue of $7.98 billion in the period, also surpassing Street forecasts. Twelve analysts surveyed by Zacks expected $7.91 billion.
Medtronic expects full-year earnings in the range of $5.13 to $5.19 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDT at https://www.zacks.com/ap/MDT