In the same period a year ago, the company posted earnings of $1.42 a share on sales of $8.1 billion.
The stock has fallen 4.9% since the company last reported earnings on Feb. 19.
Quarterly estimates have fallen less than 1 cent a share in the past month. Medtronic is currently trading at a price-to-forward-earnings ratio of 16 based on the 12-month estimates of 25 analysts surveyed by FactSet.
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