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Market Impact: 0.35
Medtronic Reports Double-digit Net Profit, Net Sales Growth In Q2
Source: Nasdaq
Corporate EarningsCompany Fundamentals
Medtronic reported Q2 net income of $1.47B, or $1.14/share, up from $1.04B, or $0.81/share, in the prior-year quarter—an increase of $0.43B (+41%) and $0.33/share (+41%). The earnings improvement should provide mild support for the stock, though no guidance or margin drivers were provided in the excerpt.
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mildly positive
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0.30
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MDT0.40
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