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Medtronic reports Q4 EPS $1.62, consensus $1.58

Reports Q4 revenue $8.9B, consensus $8.83B. “We had a strong close to our fiscal year, and I’m excited to see the progress we are making as our growth drivers continue to build momentum. Operationally, we translated our accelerating revenue growth into earnings leverage, as we delivered at the upper end of the commitments that we laid out a year ago,” said Geoff Martha, Medtronic (MDT) chairman and chief executive officer. “The underlying fundamentals of our business are strong, and they are getting stronger. We are now at an inflection point as we accelerate our speed of travel to higher, more profitable growth.”

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