Earnings release · MDT
Medtronic reports first quarter fiscal 2027 results; delivers broad-based portfolio performance and raises fiscal 2027 guidance
Medtronic plc · Filed · SEC Form 8-K, Item 2.02
Why it matters
Revenue increased 13.7% year on year to $9.756 billion, and EPS climbed 41.4% to $1.14. Growth in both sales and earnings is the combination investors usually look for first. Management raised its outlook, and guidance changes often matter more to the market than the quarter just reported because they reflect expectations for the periods ahead.
Written automatically by Stocknote's note engine from the figures on this page and the company's previous release. Every number in this note is checked against those figures. Not investment advice.
What the company states
$9.756 billion +13.7% vs a year ago
…Medtronic reported Q1 worldwide revenue of $9.756 billion, an increase of 13.7% as reported and 13.7% on an organic basis.…
$1.14 +41.4% vs a year ago
…t income and diluted earnings per share (EPS) were $1.470 billion and $1.14, respectively, representing increases of 41.4% and 40.7%, respectivel…
Guidance raised
…reports first quarter fiscal 2027 results; delivers broad-based portfolio performance and raises fiscal 2027 guidance.…