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A Look at Medtronic’s Earnings Trends and Guidance for Fiscal 2019

Daniel Collins
A Look at Medtronic’s Earnings Trends and Guidance for Fiscal 2019

Medtronic (MDT) reported net income of $1.1 billion in the second quarter of fiscal 2019 compared to $2.0 billion in the second quarter of fiscal 2018. Medtronic’s net income in the first half of fiscal 2019 totaled $2.2 billion compared to $3.0 billion in the same period the prior year. Wall Street analysts anticipate that Medtronic is expected to report net income of $1.25 billion in the third quarter of fiscal 2019.