Categories AlphaGraphs, Earnings, Health Care
Infographic: Key highlights of Medtronic (MDT) Q4 2020 earnings results
Medtronic plc (NYSE: MDT) reported its financial results for the quarter ended April 24, 2020, on Thursday before the market opens. The results missed analysts’ expectations.
The company posted a 45% dip in earnings for the fourth quarter of 2020 due to the impact of the COVID-19 pandemic. The results were in-line with the expectations and consistent with the impact felt across the MedTech industry from deferred procedures as a result of the pandemic.
Given the uncertainty on near-term financial results caused by the COVID-19 pandemic, the company is not providing formal annual or quarterly financial guidance at this time.
On May 20, the board of directors approved an increase in cash dividend for the first quarter of fiscal 2021, raising the quarterly amount to $0.58 per ordinary share. The dividend is payable on July 17, 2020, to shareholders of record on June 26, 2020.
Past Performance
Most Popular
Walgreens Boots Alliance set to report Q2 earnings. Here’s what to expect
Walgreens Boots Alliance, Inc. (NASDAQ: WBA), a market leader in health and wellness services, is preparing to report second-quarter results, with market watchers forecasting a mixed outcome. As part of
Chewy (CHWY) is set for meaningful growth in the coming year, here’s why
Shares of Chewy, Inc. (NYSE: CHWY) stayed red on Thursday. The stock has dropped 2% over the past three months. The pet products company ended fiscal year 2024 on a
GME Earnings: GameStop Q4 2024 profit rises; sales down 28%
Video game company GameStop Corp. (NYSE: GME) has reported an increase in fourth-quarter 2024 earnings, despite a double-digit fall in revenues. Net sales decreased to $1.28 billion in the fourth
