I see one of the following possibilities:
Get your popcorn ready!
$60 per share by end of 2023?
lol
Lol see, it just takes one analyst article today to tank the fragile stock by 2%: https://seekingalpha.com/article/4630851-medtronic-q1-2024-earnings-review-management-placates-the-market
MBA explanation coming
well at least earnings are positive for a change
This is a dumpster fire.
@1stq+1odB1ng4 It's because the story doesn't make sense; layoffs and strong earnings? Couple of my analyst buddies are like, you don't do layoff strong earnings, unless you financially engineered those earnings which isn't a sustainable way to grow the company.
Dead cat bounce as usual. Stock price will drop again by the end of week to sub-80 levels after a financial analyst posts criticism lol.
pretty modest bump for a relatively strong report . Street still doesn't trust Geoff and Karen and the rest of excom to not sc--w it up. still off almost 10% from 1 month ago.
Geoff “Although our earnings are not where we want them to be, we are a very diverse company so there’s that “
Sally “Yup!”
Don’t forget WFH, that definitely lowers the stock price by a few bips.
Other reasons could be flesh eating bacteria, El Niño, and Hawaiian fires. God help us! We heard it all. Time for GM, ExCom, and GS&OI to abandon ship. Hopefully we beat expectations and give good forward guidance.
Everyone thinks we missed huh... Interesting.
Geoff: And these macro headwinds only impact Medtronic and not BSX/ABT.
Analyst: So these are more micro headwinds since impacting only MDT.
Geoff: No, definitely macro. All my LT told me so.
Geoff: “also our earnings were impacted by Covid, higher mortgage rates and global warming.”
Karen: “Yup!”
I don’t see The Street worrying about long term supply chain issues. The Wal-Mart guy has it under control.