Medtronic Plc

-2.01 (-1.60%)
4:19:46 PM EDT: $123.21 +0.01 (+0.01%)
Dividends, Other Pre-Announcement

Medtronic Reports Announces 9% Dividend Increase

Published: 05/27/2021 12:00 GMT
Medtronic Plc (MDT) - Medtronic Reports Fourth Quarter and Fiscal Year 2021 Financial Results; Announces 9% Dividend Increase.
Sees FY Non-GAAP Earnings per Share $5.60 to $5.75.
Q4 Non-GAAP Earnings per Share $1.50.
Q4 GAAP Earnings per Share $1.00.
Q4 Earnings per Share Estimate $1.42 -- Refinitiv Ibes Data (analyst estimates).
Cardiovascular Q4 Revenue of $2.908 Billion Increased 45 Percent As Reported and 41 Percent Organic.
Q4 Worldwide Revenue of $8.188 Billion, an Increase of 37 Percent As Reported and 32 Percent on an Organic Basis.
Medical Surgical Q4 Revenue of $2.338 Billion Increased 21 Percent As Reported and 17 Percent Organic.
Neuroscience Q4 Revenue of $2.295 Billion Increased 54 Percent As Reported and 51 Percent Organic.
Expects Revenue Growth in Its Fiscal Year 2022 to About 9 Percent on an Organic Basis.
If Current Exchange Rates Hold, Revenue Growth in Fiscal Year 2022 Would Be Positively Affected by About $400 to $500 Million.
In Fiscal Year 2022, Company Expects Diluted Non-GAAP EPS in Range of $5.60 to $5.75.
Quarterly Dividend Increased to $0.63.
Q4 Revenue View $8.14 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $5.72 -- Refinitiv Ibes Data (analyst estimates).