RMD News: Medical Products Stocks' Earnings on Apr 28: TMO, BIO & More - 28th Apr 2022, 12:52am

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The first-quarter earnings season for the Medical sector kicked off last week. The latest Earnings Preview reflects a strong year-over-year improvement in the quarterly performance so far this reporting cycle. Going by the sector’s scorecard, 7% of the companies in the Medical sector, constituting nearly 27.6% of the sector’s market capitalization, reported earnings till Apr 22. Of these, 100% beat earnings estimates and 75% beat the same for revenues. Earnings increased 8.4% year over...

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