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Jun 3, 2026 4:00 AM

Medtronic to Report Fiscal Fourth Quarter Results; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Medtronic PLC (NYSE:MDT) is set to report its fiscal fourth quarter 2026 results before the opening bell on Wednesday, June 3.

Analysts expect the Minneapolis, Minnesota-based company to post revenue of $9.61 billion, up 7.6% from the year-ago quarter, and EPS of $1.55, representing a 4.3% decline from the $1.62 reported for the same quarter last year.

Medtronic has entered into an agreement to buy SPR Therapeutics, a manufacturer of peripheral nerve stimulation devices to treat chronic pain, for $650 million in cash. The acquisition will mark Medtronic's third major purchase in 2026 and add to the company's neuromodulation business.

Medtronic shares rose 0.31% to close at $73.75 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

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