Analysts on Wall Street project that Medtronic (MDT) will announce quarterly earnings of $1.24 per share in its forthcoming report, representing a decline of 0.8% year over year. Revenues are projected to reach $8.26 billion, increasing 3.5% from the same quarter last year. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. A ...

Dr. Shirin Towfigh thought she had designed a medical device that would revolutionize hernia care for women. Now, Towfigh is suing Medtronic, a global leader in medical devices, accusing the company of stealing her patented design. A Beverly Hills surgeon with over 22 years of experience, Towfigh says she discovered that a significant number of her hernia patients experiencing post-surgery complications were women — and that most mesh designs on the market were primarily tailored to the male anatomy.In 2016 ...

HONG KONG and SHANGHAI, Nov. 7, 2024 /PRNewswire/ -- Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor", "Ping An Health", or "the Company", Stock Code: 1833.HK) established a strategic partnership with Medtronic (Shanghai) Management Co., Ltd. ("Medtronic") at the 7th China International Import Expo (CIIE) held at the National Exhibition and Convention Center (Shanghai) on 6 November, 2024. Leveraging their respective strengths, the two companies will collaborate extensively on cardia ...

Medtronic plc (MDT) is scheduled to report second-quarter fiscal 2025 results on Nov. 19, before the opening bell. In the last reported quarter, the company's adjusted earnings of $1.23 exceeded the Zacks Consensus Estimate by 2.5%. Medtronic beat estimates in each of the trailing four quarters, the average surprise being 3.07%. The Zacks Consensus Estimate for fiscal second-quarter revenues is pegged at $8.26 billion, suggesting growth of 3.5% year over year. The consensus estimate for second-quarter earni ...

GALWAY, Ireland, Nov. 5, 2024 /PRNewswire/ -- Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced that it will report financial results for its second quarter of fiscal year 2025 on Tuesday, November 19, 2024. A news release will be issued at approximately 5:45 a.m. Central Standard Time (CST) and will be available at https://news.medtronic.com. The news release will include summary financial information for the company's second quarter of fiscal year 2025, which ended on Fri ...

Healthcare Industry Overview - Defensive industries like healthcare are attractive to income investors due to their resilience during economic downturns, as medical needs are non-optional [2] - The healthcare sector is home to many excellent dividend stocks, including Merck and Medtronic [2] Merck (MRK) - Merck's shares are down by 4% this year, partly due to investor concerns about potential competition for its key cancer drug, Keytruda [3] - Keytruda, Merck's largest growth driver, faces competition from Summit Therapeutics' ivonescimab in non-small cell lung cancer (NSCLC) [3] - Keytruda will lose patent exclusivity in the U.S. in 2028, but its revenue is expected to grow until then due to FDA approvals across multiple indications [4] - Merck is developing a subcutaneous version of Keytruda, which will retain exclusivity post-2028 [4] - The company has a robust pipeline with several dozen programs and has expanded through acquisitions, such as Acceleron Pharma, leading to the approval of Winrevair for pulmonary arterial hypertension [5] - Merck collaborates with smaller companies, including Moderna, on a personalized cancer vaccine [6] - Merck's dividend payouts have increased by 71% over the past decade, with a forward yield of 2.96%, higher than the S&P 500 average of 1.32% [6] - Merck remains a reliable income stock with a strong dividend record [7] Medtronic (MDT) - Medtronic has increased its dividend payouts for 47 consecutive years, showcasing its strong business model [8] - The company operates in over 100 countries and offers a wide range of medical devices across several categories [8] - Medtronic's diabetes care segment, particularly its MiniMed 780G insulin pump with meal-detection technology, is a significant growth driver [9] - The company is developing the Hugo robotic-assisted surgery system, which could benefit from the growing demand for minimally invasive surgeries due to the aging population [9][10] - Medtronic has faced challenges in revenue growth recently but is expected to recover and continue increasing its dividend payouts in the long term [11]

Medtronic (MDT) closed the latest trading day at $90.07, indicating a +0.92% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.41%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 0.8%.The medical device company's stock has climbed by 1.69% in the past month, exceeding the Medical sector's loss of 4.61% and the S&P 500's loss of 0.97%.Analysts and investors alike will be keeping a close eye on ...

Medtronic (MDT) closed the latest trading day at $90.60, indicating a +0.01% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.27%. Meanwhile, the Dow gained 0.65%, and the Nasdaq, a tech-heavy index, added 0.26%.Shares of the medical device company witnessed a gain of 1.42% over the previous month, beating the performance of the Medical sector with its loss of 4.14% and underperforming the S&P 500's gain of 2%.Investors will be eagerly watching for th ...

Company commits to advancing clinical data for Symplicity™ with the SPYRAL Gemini clinical trial and expansion of the GSR-DEFINE clinical trial GALWAY, Ireland and WASHINGTON, Oct. 28, 2024 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced new, long-term data from its SPYRAL HTN-ON MED clinical trial that showed subjects who underwent radiofrequency renal denervation with the Symplicity™ Spyral renal denervation (RDN) system had significantly greater reduct ...

With this approval, Medtronic is now the first and only company with two PFA technologies available for patients with Afib. The PulseSelect™ Pulsed Field Ablation System, which was FDA approved in December 2023, offers physicians a safe, single-shot solution for pulmonary vein isolation (PVI) while the Affera Sphere-9 catheter enables physician treatment flexibility with its wide area focal design and 9mm lattice tip that can used with an 8.5Fr sheath. "The significance of this innovative technology should ...