StockNews.AI
MDT
Benzinga
21 days

Nasdaq Down Over 300 Points; Medtronic Posts Upbeat Earnings

1. MDT posted stronger-than-expected Q1 earnings, achieving $8.58 billion in sales. 2. Company raised its FY 2026 sales guidance to $35.72-$35.82 billion. 3. Board appointments announced, including two independent directors effective immediately. 4. MDT's organic revenue growth remains confident at 5% for FY 2026.

5m saved
Insight
Article

FAQ

Why Bullish?

MDT's positive earnings and raised guidance contrast with broader market declines, indicating resilience.

How important is it?

Earnings exceed expectations significantly influence MDT's valuation and investor confidence, especially amidst market volatility.

Why Short Term?

Earnings reports can drive immediate investor sentiment and price movements, especially favorable results.

Related Companies

Related News