Medtronic earnings preview: Strong Q2 predicted - Trey Thoelcke

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Medtronic earnings preview: Strong Q2 predicted
Nov 23, 2009 08:00 PM UTC

Trey Thoelcke

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Filed under: Earnings reports, Forecasts

Medtronic Inc. (MDT), a leading maker of implantable biomedical devices, is scheduled to release its fiscal second-quarter financial results Tuesday, November 24, before the market open, and then to discuss those results in a webcast at 8:00 AM ET. You can catch the live webcast at the company's website.

During the three months that ended in October, Medtronic was once again named to the Dow Jones Sustainability Index, settled a patent lawsuit, and announced management changes. Analysts surveyed by Thomson Reuters expect this Minneapolis-based company to report that earnings for the period rose 9.5% from a year ago to $0.74 per share. And revenue for the quarter is expected to be 5.0% higher to $3.8 billion.

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Medtronic earnings preview: Strong Q2 predicted originally appeared on BloggingStocks on Mon, 23 Nov 2009 15:00:00 EST. Please see our terms for use of feeds.

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