iStock
DUBLIN (AP) — DUBLIN (AP) — Medtronic PLC (MDT) on Tuesday reported fiscal third-quarter earnings of $1.22 billion.
The Dublin-based company said it had profit of 92 cents per share. Earnings, adjusted for amortization costs and restructuring costs, were $1.30 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.
The medical device company posted revenue of $7.73 billion in the period, also topping Street forecasts. Eleven analysts surveyed by Zacks expected $7.52 billion.
Medtronic expects full-year earnings in the range of $5.28 to $5.30 per share.
