Medtronic drops as FY26 outlook trails consensus

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Medtronic at Canada Headquarters in Brampton, Ontario, Canada.

JHVEPhoto/iStock Editorial via Getty Images

Despite posting a double beat with its Q4 FY25 financials, shares of Medtronic (NYSE:MDT) slipped in the premarket trading on Wednesday after the Ireland-based MedTech set its fiscal 2026 guidance below expectations.

The company set its outlook for FY26 revenue

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