Medtronic Shares Decline Despite Beating Earnings Estimates Due to Disappointing Fiscal 2027 Outlook

Despite reporting better-than-expected Q4 earnings and revenue, Medtronic's shares fell in premarket trading due to a below-consensus fiscal 2027 profit outlook. The company projected adjusted EPS of $5.90-$6.00 for the year versus analyst estimates of around $6.06.

By Fiona Craig Wed, June 3, 2026 at 4:57 PM GMT+3 3 min read · Yahoo Finance · June 3, 2026, 13:57 UTC

Tickers: $MDT

Topics: financial_guidance medical_devices stock_performance

Read the full article at Yahoo Finance

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