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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. Last quarter, the company reported revenues of $5.44 billion, up 7.5% year on year, but this was a disappointing quarter with revenue guidance for the next quarter missing analysts’ expectations significantly and a miss of analysts‘full-year EPS estimates. 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. Looking at peers in the healthcare equipment and supplies segment, some of these companies have already reported their Q3 figures, giving us a hint as to what to expect. Boston Scientific's share prices have risen 3.1% over the last month, with an average analyst price target of $57.82.

Earnings to watch: Boston Scientific (BSX) reports Q3 results tomorrow

发表 : 4 小时前 经过 Kayode Omotosho 在 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]


话题: Markets

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