Medtronic PLC
MDT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| QLt | LOCK|y?!X! | LOCK|&!d^Jy |
Medtronic Earnings: New Product Launches Lifted Quarterly Results; No Change to Our Valuation
For the fiscal second quarter, Medtronic reported revenue and earnings growth of 6% (organic) and 8%, respectively. The pulsed field ablation, or PFA, portfolio drove up the cardiac ablation solutions business 71% year over year.
