07:12 AM EDT, 08/20/2024 (MT Newswires) -- Medtronic ( MDT ) reported fiscal Q1 adjusted diluted earnings Tuesday of $1.23 per share, up from $1.20 a year earlier.

Analysts polled by Capital IQ expected $1.20.

Revenue for the quarter ended July 26 was $7.92 billion, compared with $7.70 billion a year earlier.

Analysts surveyed by Capital IQ expected $7.90 billion.

The company raised its fiscal 2025 diluted adjusted EPS guidance to $5.42 to $5.50 from a previous range of $5.40 to $5.50. Analysts surveyed by Capital IQ expect $5.44. The company also increased its organic revenue growth guidance for the year to 4.5% to 5% from 4% to 5%.

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