Medtronic Stock Rises on Better-than-Expected Earnings and Revenue
Medtronic (NYSE: MDT) stock rose by 5.3% after reporting better-than-expected earnings of $1.55 per share and revenue of $9.8 billion for fiscal Q4 2026, surpassing analyst expectations. The company also reported its highest annual revenue growth in a decade at 9.9%, driven largely by acquisitions.