Want to join the conversation?
$MDT's GAAP diluted EPS was $0.36, down 57%. The non-GAAP adjustment to earnings on an after-tax basis were $442MM certain tax adjustment related to internal reorganization resulting in approx. $9.3Bil of previously trapped cash becoming accessible and $29MM loss on forward interest rate swaps related to the internal reorganization.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.