Medtronic plc(MDT)Earnings Date, History & Expected MoveNYSE
Next report date, beat rate and options-implied move
MDT is scheduled to report on Nov 16, 2026, usually before the market opens. Analysts expect EPS of $1.34.
EPS: Actual vs Estimate
Reported earnings per share against the consensus estimate, last 12 quarters.
Green = beat or met, red = missed, amber = our data sources disagree on beat vs miss for that quarter.
Stock Reaction After Earnings
Close-to-close move in the first session that reflected each report.
Dashed lines mark the average actual move (±3.6%).
Did the stock rise after good news?
"Beat" means the company earned more than analysts expected. Here is what the stock did the next day.
In plain words: it beat expectations 12 times, but the stock still fell 6 of those 12 times.
- Sep '26Beat▲ +1.5%
- Jun '26Beat▲ +5.7%
- Feb '26Beat▼ -3.1%
- Nov '25Beat▲ +4.7%
- Aug '25Beat▼ -3.1%
- May '25Beat▼ -2.3%
- Feb '25Beat▼ -7.3%
- Nov '24Beat▼ -3.0%
- Aug '24Beat▲ +0.7%
- May '24Beat▼ -5.1%
- Feb '24Beat▲ +1.7%
- Nov '23Beat▲ +4.6%
Only reports with a clear beat or miss and a known price reaction are counted. A beat does not guarantee a gain.
Why did MDT fall after beating earnings?
Beating or missing estimates is only part of the story. These are the measurable things that stand out for each surprising reaction.
MDT beat EPS estimates in 12 quarters, and the stock still closed lower the next day 6 times. In 2 of the 6 where we have price data, the stock had already run up before the report.
- Feb 17, 2026EPS beat +1.5%→stock -3.1% next day
- The EPS beat was small (+1.5%).
- It opened 3.6% lower as soon as trading resumed.
- Aug 19, 2025EPS beat +2.4%→stock -3.1% next day
- It opened 5.4% lower as soon as trading resumed.
- May 21, 2025EPS beat +2.5%→stock -2.3% next day
Nothing in the price and estimate numbers we track stands out for this one. Guidance and management comments are not part of our data.
- Feb 18, 2025EPS beat +2.2%→stock -7.3% next day
- It had risen 6.5% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 5.2% lower as soon as trading resumed.
- Nov 19, 2024EPS beat +0.8%→stock -3.0% next day
- The EPS beat was small (+0.8%).
- It opened 1.8% lower as soon as trading resumed.
- May 23, 2024EPS beat +0.7%→stock -5.1% next day
- It had risen 6.7% in the 20 trading sessions before the report, so good news may already have been priced in.
- The EPS beat was small (+0.7%).
- It opened 2.6% lower as soon as trading resumed.
These are patterns visible in estimates and prices, not confirmed causes. Information only, not investment advice.
Was MDT's earnings move already priced in?
Stocks often move in the weeks before a report. This compares that run-up with what happened after the report.
“Month before” is the move over the 20 trading days up to the last close before the report. “Priced in” means the good news may already be in the price. A run-up of 5% or more is treated as large.
Before vs after each report
Grey: how the stock moved in the 20 trading days before the report. Green or red: how it moved the day after.
Past reports only: this shows what happened, not what will happen.
Does MDT hold its opening gap after earnings?
A gap is how far the stock opens from the previous close. A gap fades when the stock gives back at least half of it by the end of the day.
In 10 reports MDT opened at least 1% away from the previous close. It gave back half or more of that gap by the close 1 of 10 times (10%). Gaps up faded 1 of 5; gaps down recovered 0 of 5.
- Sep 1, 2026FadedOpened +3.7%, closed +1.5%
- Jun 3, 2026HeldOpened +4.6%, closed +5.7%
- Feb 17, 2026HeldOpened -3.6%, closed -3.1%
- Nov 18, 2025HeldOpened +3.8%, closed +4.7%
- Aug 19, 2025HeldOpened -5.4%, closed -3.1%
- Feb 18, 2025HeldOpened -5.2%, closed -7.3%
- Nov 19, 2024HeldOpened -1.8%, closed -3.0%
- May 23, 2024HeldOpened -2.6%, closed -5.1%
Gap = opening price vs the previous close. Close = the end of the first session that reflected the report. Reports without a clear opening time are left out.
What the history says
- MDT has beaten EPS estimates in 12 straight quarters.
- It fell after 6 of its 12 EPS beats (50%): beating estimates has not been enough on its own.
MDT earnings history
Last 12 reported quarters with the stock's reaction.
Swipe sideways to see every column →
| Report date | Time | EPS est. | EPS actual | Surprise | 1-day move | 3-day move |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Before open | $1.39 | $1.45 | +4.3% | +1.53% | +2.70% |
| Jun 3, 2026 | Before open | $1.54 | $1.55 | +0.6% | +5.69% | +10.74% |
| Feb 17, 2026 | Before open | $1.34 | $1.36 | +1.5% | -3.10% | -1.92% |
| Nov 18, 2025 | Before open | $1.31 | $1.36 | +3.8% | +4.69% | +3.19% |
| Aug 19, 2025 | Before open | $1.23 | $1.26 | +2.4% | -3.14% | -1.84% |
| May 21, 2025 | Before open | $1.58 | $1.62 | +2.5% | -2.27% | -6.59% |
| Feb 18, 2025 | Before open | $1.36 | $1.39 | +2.2% | -7.26% | -5.25% |
| Nov 19, 2024 | Before open | $1.25 | $1.26 | +0.8% | -2.96% | -3.25% |
| Aug 20, 2024 | Before open | $1.20 | $1.23 | +2.5% | +0.66% | +3.55% |
| May 23, 2024 | Before open | $1.45 | $1.46 | +0.7% | -5.11% | -4.38% |
| Feb 20, 2024 | Before open | $1.26 | $1.30 | +3.2% | +1.69% | +0.76% |
| Nov 21, 2023 | Before open | $1.18 | $1.25 | +5.9% | +4.60% | +5.07% |
Consensus for the next report: EPS $1.34, revenue $9.58B.
MDT Earnings FAQ
Answers computed from Medtronic plc's reported history
MDT is scheduled to report on Nov 16, 2026, usually before the market opens. Analysts expect EPS of $1.34.
Over the last 12 quarters with a usable EPS surprise, MDT beat the consensus estimate 12 times (100%), missed 0 and landed in line 0. It has beaten estimates in each of the last 12 counted quarters.
Across its last 12 quarters with a measured reaction, MDT moved an average of ±3.6% in the first session after reporting. It closed higher 50% of the time; the largest gain was 5.7% and the largest drop -7.3%.
MDT fell in the first session after 6 of its last 12 EPS beats (50%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 2 of the 6 of those falls where price data is available, the stock had already risen before the report.
Across its last 12 quarters with price data, MDT moved an average of +2.0% in the 20 trading sessions before reporting and was higher in 75% of them. After a run-up of 3% or more (7 quarters), it fell the next day 57% of the time, averaging -1.6%. This describes past reports; it is not a forecast.
In 10 reports MDT opened at least 1% away from the previous close. It gave back half or more of that gap by the close 1 of 10 times (10%), and fully reversed 0 times. A fade means the opening move was partly undone during the first session.
How we calculate these numbers
Reported EPS and estimates come from Yahoo Finance; report times, upcoming dates and revenue come from Finnhub. The 1-day move is the close-to-close change over the first session that reflects the report (the report-day close for after-close reports, the prior close for pre-market reports); reactions are left blank when the report time is unknown or looks inconsistent. The expected move is the price of the nearest at-the-money straddle that expires after the report divided by the share price, shown only when the quotes are liquid. Quarters where the two data sources disagree on beat versus miss are shown but never counted. Information only, not investment advice.