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ResMed Tops Expectations but Falls Anyway

TheMotleyFool 
0 0 03.08.17
ResMed Tops Expectations but Falls AnywayPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png
 
ResMed Tops Expectations but Falls Anyway

Medical-device maker ResMed (NYSE: RMD) reported its fiscal fourth-quarter results after the market closed on Tuesday, Aug. 1. The continuous positive airway pressure (CPAP) pioneer reported modest top-line growth when compared with last quarter, but margin improvements help drive better-than-expected results on the bottom line. 

Let's take a closer look at the company's results to get a better sense of how it fared during the period.

Image source: Getty Images.

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Source: Fool.com

Resmed Inc. Stock

€189.90
3.540%
A very strong showing by Resmed Inc. today, with an increase of €6.50 (3.540%) compared to yesterday's price.
Resmed Inc. is currently one of the favorites of our community with 16 Buy predictions and no Sell predictions.
As a result the target price of 258 € shows a positive potential of 35.86% compared to the current price of 189.9 € for Resmed Inc..
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