Medtronic (MDT) Q4 Earnings Beat Estimates, Margins Down

Medtronic plc (MDT) reported adjusted earnings per share (EPS) of $1.46 in fourth-quarter fiscal 2024, down 7.5% from the year-ago quarter’s figure. The figure beat the Zacks Consensus Estimate by 0.7%.Without certain one-time adjustments — including restructuring and associated costs, amortization and acquisition-related costs, among others — GAAP EPS were 49 cents, down 44.3% from the year-ago quarter’s reported figure.For the full year, adjusted earnings were $5.53 per share, up 4.5% from the year-ago pe ...