India, Feb. 19 -- Medtronic plc. (MDT) on Tuesday raised its adjusted earnings guidance and updated its revenue growth guidance for the full-year 2019.
The company increased its fiscal 2019 adjusted earnings guidance to a new range of $5.14 to $5.16 per share from the prior range of $5.10 to $5.15 per share. Foreign exchange would have a modest positive impact on the company earnings if the current exchange rates hold for the remainder of the year.
The company also now projects organic revenue growth in a range of 5.25 to 5.5 percent, up from the prior forecast range of 5.0 to 5.5 percent. At current exchange rates, revenue would be negatively affected by about $425 million to $475 million.
On average, analysts polled by Thomson Reuters ...