Medtronic (MDT) Earnings Date and Reports 2024 (2024)

Earnings Summary

Upcoming
Earnings Date
May. 23

Before Market Opens

Confirmed

Actual EPS
(Feb. 20)
$1.30 Beat By $0.04

Consensus EPS
(Feb. 20)
$1.26

Read Call Transcript

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Earnings Per ShareRevenue

MDT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MDT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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Medtronic Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20244$1.10$1.51$1.31
Q2 20244$1.16$1.54$1.35
Q3 20244$1.25$1.58$1.43
Q4 20242$1.45$1.45$1.45
FY 202414$4.96$6.08$5.54
Q1 20252$1.20$1.22$1.21
Q2 20252$1.32$1.32$1.32
Q3 20252$1.34$1.37$1.36
Q4 20252$1.46$1.56$1.51
FY 20258$5.32$5.47$5.40
Q1 20261$1.33$1.33$1.33
Q2 20261$1.49$1.49$1.49

MDT Earnings Date and Information

Medtronic last announced its quarterly earnings results on February 20th, 2024. The medical technology company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.04. The business had revenue of $8.09 billion for the quarter, compared to analysts' expectations of $7.95 billion. Its quarterly revenue was up 4.7% on a year-over-year basis. Medtronic has generated $3.14 earnings per share over the last year ($3.14 diluted earnings per share) and currently has a price-to-earnings ratio of 25.6. Earnings for Medtronic are expected to grow by 5.00% in the coming year, from $5.20 to $5.46 per share. Medtronic has confirmed that its next quarterly earnings report will be published on Thursday, May 23rd, 2024.

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Medtronic Earnings History by Quarter

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DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/23/2024
Confirmed)
-------
2/20/2024Q1 2024$1.26$1.30+$0.04$1.61$7.95 billion$8.09 billion
11/21/2023Q4 2023$1.18$1.25+$0.07$1.82$7.93 billion$7.98 billion
8/22/2023Q3 2023$1.11$1.20+$0.09$1.81$7.57 billion$7.70 billion
5/25/2023Q4 2023$1.56$1.57+$0.01$2.26$8.25 billion$8.54 billion
2/21/2023Q3 2023$1.27$1.30+$0.03$1.68$7.53 billion$7.70 billion
11/22/2022Q2 2023$1.28$1.30+$0.02$2.28$7.70 billion$7.59 billion

Medtronic (MDT) Earnings Date and Reports 2024 (3)

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8/23/2022Q1 2023$1.12$1.13+$0.01$1.56$7.20 billion$7.37 billion
5/26/2022Q4 2022$1.56$1.52($0.04)$1.94$8.43 billion$8.09 billion
2/22/2022Q3 2022$1.36$1.37+$0.01$1.64$7.91 billion$7.76 billion
11/23/2021Q4 2021$1.29$1.32+$0.03$1.67$7.98 billion$7.85 billion
8/23/2021Q3 2021$1.32$1.41+$0.09$2.26$7.88 billion$7.99 billion
5/26/2021Q2 2021$1.42$1.50+$0.08$2.00$8.13 billion$8.19 billion

Medtronic Earnings - Frequently Asked Questions

When is Medtronic's earnings date?

Medtronic has confirmed that its next quarterly earnings data will be published on Thursday, May 23rd, 2024. Learn more on MDT's earnings history.

Did Medtronic beat their earnings estimates last quarter?

In the previous quarter, Medtronic (NYSE:MDT) reported $1.30 earnings per share (EPS) to beat the analysts' consensus estimate of $1.26 by $0.04. Learn more on analysts' earnings estimate vs. MDT's actual earnings.

How can I listen to Medtronic's earnings conference call?

The conference call for Medtronic's latest earnings report can be listened to online. Listen to Conference Call

How can I read Medtronic's conference call transcript?

The conference call transcript for Medtronic's latest earnings report can be read online. Read Transcript

How much revenue does Medtronic generate each year?

Medtronic (NYSE:MDT) has a recorded annual revenue of $31.23 billion.

How much profit does Medtronic generate each year?

Medtronic (NYSE:MDT) has a recorded net income of $3.76 billion. MDT has generated $3.14 earnings per share over the last four quarters.

What is Medtronic's price-to-earnings ratio?

Medtronic (NYSE:MDT) has a trailing price-to-earnings ratio of 25.60 and a forward price-to-earnings ratio of 15.46. The price/earnings-to-growth ratio is 2.78.

What is Medtronic's EPS forecast for next year?

Medtronic's earnings are expected to grow from $5.20 per share to $5.46 per share in the next year, which is a 5.00% increase.


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