Inside MDT’s Results
MDT reported earnings of $977 million, or 98 cents per share, up from $762 million, or 75 cents per share, a year ago. Adjusted EPS was $1.01 – above analysts’ estimate of 97 cents.
Revenue increased to $4.318 billion from $4.163 billion last year. Analysts expected to see revenue of $4.25 billion.
Covidien Deal Will Keep Medtronic Diversified
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||2.48%|
|VFIAX||Vanguard 500 Index||1.59%|
The Bottom Line
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