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Why Medtronic Stock Slumped Today

TheMotleyFool 
0 0 23.05.24
Why Medtronic Stock Slumped TodayPhoto, 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
 

Medtronic (NYSE: MDT) stock slipped 2.8% through 10:15 a.m. ET this morning despite beating earnings forecasts in its fiscal Q4 2024 earnings report.

Heading into earnings, analysts had the medical devices company pegged for a $1.45 per-share profit, but Medtronic "beat" by a penny, reporting $1.46 instead. Similarly, Medtronic exceeded expectations for $8.4 billion in sales by reporting $8.6 billion.

And yet the shares are down today. Why?

Continue reading


Source Fool.com

Medtronic plc Stock

€75.40
-0.050%
There is nearly no change for the Medtronic plc stock today. Compared to yesterday it only changed by -€0.040.
With 41 Buy predictions and 1 Sell predictions Medtronic plc is one of the favorites of our community.
As a result the target price of 97 € shows a positive potential of 28.65% compared to the current price of 75.4 € for Medtronic plc.
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