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Medtronic Inc (NYSE:MDT)
Non-Recurring Items
$44 Mil (TTM As of Jul. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Medtronic Inc's non-recurring items for the three months ended in Jul. 2014 was $0 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jul. 2014 was $44 Mil.

As of today, Medtronic Inc's share price is $63.84. Medtronic Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jul. 2014 was $2.95. Therefore, Medtronic Inc's P/E (NRI) ratio for today is 21.64.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Medtronic Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Jul. 2014 was -33 (Oct. 2013 ) + -45 (Jan. 2014 ) + 122 (Apr. 2014 ) + 0 (Jul. 2014 ) = $44 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Medtronic Inc's P/E (NRI) Ratio for today is calculated as

Medtronic Inc's Share Price of today is $63.84.
Medtronic Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jul. 2014 was 0.89 (Oct. 2013 ) + 0.75 (Jan. 2014 ) + 0.44 (Apr. 2014 ) + 0.87 (Jul. 2014 ) = $2.95.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Medtronic Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
Non Operating Income -945-267-3500000000

Medtronic Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Non Operating Income 00-63-171190-33-451220
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