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Medtronic Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. Medtronic to report Q1 earnings on Aug. 19, expecting $1.23 per share. 2. Projected revenue of $8.37 billion, up from $7.92 billion last year. 3. Dividend of 72 cents per share approved for the second quarter. 4. Analysts maintain positive ratings with rising price targets for MDT. 5. MDT shares rose 1.1% to close at $93.02 last Friday.

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FAQ

Why Bullish?

The positive earnings projection and increased revenue expectations suggest growth potential. Historical instances show similar trends led to share price gains.

How important is it?

The projected earnings, dividend, and analysts' ratings indicate strong investor confidence. Such insights are critical for deciding on share purchase or investment strategies.

Why Short Term?

The impending financial results could lead to immediate market reactions. Previous quarterly results often influence stock price shortly thereafter.

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