Earnings to watch: Boston Scientific (BSX) reports Q3 results tomorrow
Medical device company Boston Scientific (NYSE:BSX) will be reporting results this Wednesday before market open. Here’s what to look for. Boston Scientific b... Medical device company Boston Scientific (BSX) is set to report its Q3 results, which are expected to be released before market open on Wednesday. Last year, the company reported revenues of $5.44 billion, up 7.5% year on year, but guidance for the next quarter missed analysts’ expectations and a miss of analysts‘full-year EPS estimates. This quarter, the market is expecting Boston Scientific’s revenue to be flat year on-year, slowing from the 20.3% increase the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. There has been positive sentiment among investors in the healthcare equipment and supplies segment, with share prices up 3.1% over the past month.
Published : 4 hours ago by in Business Health Finance Tech
Medical device company Boston Scientific (NYSE:BSX) will be reporting results this Wednesday before market open. Here’s what to look for.
Boston Scientific beat analysts’ revenue expectations last qu... [2322 symbols]
Topics: Markets
