Medtronic PLC
MDT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|lP | LOCK|MfLmw | LOCK|LFHdPx |
Medtronic Earnings: New Spinoff of Diabetes Business to Aid in Raising Profitability
Medtronic delivered another quarter of solid, consistent results with revenue and adjusted EPS up 5% and 11%, respectively. It also announced plans to spin off its diabetes business within 18 months.
