Medtronic (MDT) Q1 Earnings Beat, Fiscal 2025 View Narrowed

Medtronic plc (MDT) reported adjusted earnings per share (EPS) of $1.23 for first-quarter fiscal 2025, up 2.5% from the year-ago quarter’s figure. The figure also beat the Zacks Consensus Estimate by the same magnitude. Currency-adjusted EPS for the reported quarter was $1.29.Without certain one-time adjustments — including amortization, restructuring and associated costs, certain litigation charges and acquisition-related costs, among others — GAAP EPS was 80 cents, a 35.6% improvement from the year-ago qu ...