Medtronic  (MDT - Get Report) is expected to report quarterly earnings of $1.46 a share on sales of $8.1 billion before the market opens on Thursday, based on a FactSet survey of 24 analysts.

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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