Fortunately, Medtronic’s other businesses are expected to pick up the slack.Īnalysts are bullish on the stock, with 21 of 26 ratings of Buy or Strong Buy and the other five ratings are all Hold. Demand for surgeries picked up in the prior quarter but dipped again in the third following a surge of coronavirus infections caused by the Delta variant. That total reflects a drop of 12.4% since early September. Medical device maker Medtronic PLC ( NYSE: MDT) has posted a share price gain of around 9% over the past 12 months. Here’s a preview of three companies reporting late Monday or before markets open on Tuesday. However, there are several earnings of note in those days. The Thanksgiving holiday essentially means next week has just three days. More than 94 million shares of Meten stock are traded every day. The company was slammed twice this year by government policy changes and has pivoted to a blockchain/crypto-mining effort. While not a well-known stock, Meten has offered educational and tutoring services in China for more than a decade. There are no earnings reports due out after markets close Friday and just one of note, Meten, on tap for Monday morning. Shoe retailer Foot Locker beat both estimates as well Friday morning. Of the three companies we previewed earlier this week that reported quarterly results after markets closed Thursday, Applied Materials missed estimates on both revenue and profits while Workday and Ross Stores beat on both.
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