Medtronic Q1 Adj. EPS $1.45 Beats $1.39 Estimate, Sales $9.756B Beat $9.545B Estimate

Medtronic (NYSE:MDT) reported quarterly earnings of $1.45 per share which beat the analyst consensus estimate of $1.39 by 4.32 percent. This is a 15.08 percent increase over earnings of $1.26 per share from the same period last year. The company reported quarterly sales of $9.756 billion which beat the analyst consensus estimate of $9.545 billion by 2.21 percent. This is a 13.73 percent increase over sales of $8.578 billion the same period last year.