Tuesday, November 22, 2011

Medtronic posts higher quarterly earnings (Reuters)

(Reuters) ? Medical device maker Medtronic Inc (MDT.N) reported higher quarterly earnings on Tuesday as sales in most of its businesses improved.

Earnings were $871 million, or 82 cents per share, in the second quarter ended October 28, compared with $566 million, or 52 cents per share, a year earlier.

Excluding items, earnings were 84 cents a share, 2 cents above the analysts' average estimate, according to Thomson Reuters I/B/E/S.

(Reporting by Debra Sherman; Editing by Lisa Von Ahn)

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/nm/20111122/bs_nm/us_medtronic_earns

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