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MDT

Medtronic Plc

$81.64

Earnings Summary

Revenue
$8589Mn
Net Profits
$654Mn
Net Profit Margins
7.61%
PE Ratio
29.05

Highlights

Revenue:

Medtronic Plc’s revenue jumped 0.53% since last year same period to $8589Mn in the Q2 2024. On a quarterly growth basis, Medtronic Plc has generated 6.18% jump in its revenue since last 3-months.

Net Profits:

Medtronic Plc’s net profit fell -44.53% since last year same period to $654Mn in the Q2 2024. On a quarterly growth basis, Medtronic Plc has generated -50.53% fall in its net profits since last 3-months.

Net Profit Margins:

Medtronic Plc’s net profit margin fell -44.82% since last year same period to 7.61% in the Q2 2024. On a quarterly growth basis, Medtronic Plc has generated -53.41% fall in its net profit margins since last 3-months.

PE Ratio:

Medtronic Plc’s price-to-earnings ratio after this Q2 2024 earnings stands at 29.05.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Medtronic Plc post its latest quarter earnings

EPS Estimate Current Quarter
1.2
EPS Estimate Current Year
1.2

Highlights

EPS Estimate Current Quarter:

Medtronic Plc’s earning per share (EPS) estimates for the current quarter stand at 1.2 - a -17.24% fall from last quarter’s estimates.

EPS Estimate Current Year:

Medtronic Plc’s earning per share (EPS) estimates for the current year stand at 1.2.

Key Ratios

Key ratios of the Medtronic Plc post its Q2 2024 earnings

Earning Per Share (EPS)
1.46
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.07
Dividend Per Share (DPS)
0.7

Highlights

Earning Per Share (EPS):

Medtronic Plc’s earning per share (EPS) fell -7.01% since last year same period to 1.46 in the Q2 2024. This indicates that the Medtronic Plc has generated -7.01% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Medtronic Plc’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Medtronic Plc’s return on equity (ROE) stands at 0.07.

Dividend Per Share (DPS):

Medtronic Plc declared 0.7 dividend per share during the earnings announcement for Q2 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-23
1.45
1.46
0.69%
2024-02-27
1.26
1.3
3.17%