24.04.2024 12:33:34 - dpa-AFX: Boston Scientific Corp Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Boston Scientific Corp (BSX) revealed a profit for
its first quarter that increased from the same period last year and beat the
Street estimates.

The company's earnings totaled $495 million, or $0.33 per share. This compares
with $300 million, or $0.21 per share, in last year's first quarter.

Excluding items, Boston Scientific Corp reported adjusted earnings of $832
million or $0.56 per share for the period.

Analysts on average had expected the company to earn $0.51 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 13.9% to $3.86 billion from $3.39
billion last year.

Boston Scientific Corp earnings at a glance (GAAP) :

-Earnings (Q1): $495 Mln. vs. $300 Mln. last year.
-EPS (Q1): $0.33 vs. $0.21 last year.
-Revenue (Q1): $3.86 Bln vs. $3.39 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.57 to $0.59
Full year EPS guidance: $2.29 to $2.34


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BOSTON SCIENTIFIC DL-,01 884113 Frankfurt 70,000 07.06.24 15:49:01 +1,000 +1,45% 0,000 0,000 69,500 70,000

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH