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Medtronic reports Q2 profit, revenue beats
Medtronic PLC MDT, +1.98% reported second-quarter profit and revenue beats early Tuesday, but also said it has taken hits from foreign exchange rates and projected China tariffs. Company shares slumped 0.2% in premarket trade. Earnings for the latest quarter declined to $1.115 billion, or 82 cents per share, from $2.017 billion, or $1.48 per share in the year-earlier period. Adjusted earnings-per-share were $1.22, above the FactSet consensus of $1.15. Revenue rose to $7.481 billion from $7.050 billion, above the FactSet consensus of $7.348 billion.
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https://www.marketwatch.com/story/medtro...yptr=yahoo
![[Bild: chart.ashx?t=MDT&ty=c&ta=0&p=w&s=l]](https://finviz.com/chart.ashx?t=MDT&ty=c&ta=0&p=w&s=l)
Medtronic PLC MDT, +1.98% reported second-quarter profit and revenue beats early Tuesday, but also said it has taken hits from foreign exchange rates and projected China tariffs. Company shares slumped 0.2% in premarket trade. Earnings for the latest quarter declined to $1.115 billion, or 82 cents per share, from $2.017 billion, or $1.48 per share in the year-earlier period. Adjusted earnings-per-share were $1.22, above the FactSet consensus of $1.15. Revenue rose to $7.481 billion from $7.050 billion, above the FactSet consensus of $7.348 billion.
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https://www.marketwatch.com/story/medtro...yptr=yahoo
