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BioWorld - Tuesday, March 3, 2026
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Home » Medtronic sees decline in revenue but stays ahead of analysts' consensus
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Medtronic sees decline in revenue but stays ahead of analysts' consensus

Nov. 22, 2017
By Omar Ford
Medtronic plc had a lull in earnings for 2Q18 because of damage done to its facilities in Puerto Rico by Hurricane Maria. Massive wildfires in Northern California also contributed to the revenue decline.The Dublin-based company reported revenue of $7 billion, a decrease of 4 percent over 2Q17. However, the company brought in about $1.07 per share and was able to beat analysts' consensus of 99 cents per share.
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