financetom
Business
financetom
/
Business
/
Boston Scientific's Adjusted Q1 Earnings, Net Sales Rise; Q2, 2024 Outlook Issued, Shares Advance Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boston Scientific's Adjusted Q1 Earnings, Net Sales Rise; Q2, 2024 Outlook Issued, Shares Advance Pre-Bell
Apr 24, 2024 4:49 AM

07:20 AM EDT, 04/24/2024 (MT Newswires) -- Boston Scientific ( BSX ) reported adjusted Q1 earnings Wednesday of $0.56 per diluted share, up from $0.47 a year earlier.

Analysts polled by Capital IQ expected $0.51.

Net sales for the quarter ended March 31 was $3.86 billion, up from $3.39 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.68 billion.

For Q2, the life sciences company expects adjusted earnings of $0.57 to $0.59 per share on revenue up 10.5% to 12.5%. Analysts polled by Capital IQ expect adjusted earnings of $0.56 per share on revenue of $3.93 billion.

For full-year 2024, the company expects adjusted earnings of $2.29 to $2.34 per share on revenue up 11% to 13%. Analysts polled by Capital IQ expect adjusted earnings of $2.25 per share on revenue of $15.58 billion.

Shares of the company were up more than 4% in recent Wednesday premarket activity.

Price: 71.90, Change: +2.91, Percent Change: +4.22

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ginkgo Bioworks Partners With HaDEA on Up to $25.1 Million Project for Rapid Virus Diagnostics
Ginkgo Bioworks Partners With HaDEA on Up to $25.1 Million Project for Rapid Virus Diagnostics
Feb 20, 2025
11:09 AM EST, 02/20/2025 (MT Newswires) -- Ginkgo Bioworks ( DNA ) said Thursday it is collaborating with the European Health and Digital Executive Agency, or HaDEA, as the contracting authority under a joint tender of up to 24 million euros ($25.1 million). The project aims to develop a solution to enable hospitals to achieve fast turnaround diagnostics for respiratory...
US regulators 'need to be tougher on Boeing', Trump's nominee says
US regulators 'need to be tougher on Boeing', Trump's nominee says
Feb 20, 2025
WASHINGTON (Reuters) - President Donald Trump's nominee to serve as deputy secretary of the U.S. Transportation Department said regulators need to take a more aggressive approach to overseeing planemaker Boeing ( BA ). We need to be tougher on Boeing ( BA ). We need to be tougher on the industry, said Steve Bradbury at a U.S. Senate Commerce Committee...
IM-2 Launch On Track For Next Week: What's Going On With Intuitive Machines Stock Thursday?
IM-2 Launch On Track For Next Week: What's Going On With Intuitive Machines Stock Thursday?
Feb 20, 2025
Intuitive Machines Inc ( LUNR ) shares are trading lower. On Thursday, the company provided an update on its planned IM-2 mission. What Happened: Intuitive Machines ( LUNR ) announced its IM-2 mission Nova-C class lunar lander “Athena” completed all integration milestones in preparation for launch later this month. The company noted that the lunar lander is now safely encapsulated...
60 Degrees Pharmaceuticals to Implement 1-for-5 Reverse Stock Split; Shares Down
60 Degrees Pharmaceuticals to Implement 1-for-5 Reverse Stock Split; Shares Down
Feb 20, 2025
11:10 AM EST, 02/20/2025 (MT Newswires) -- 60 Degrees Pharmaceuticals ( SXTP ) on Thursday announced a 1-for-5 reverse stock split of its common stock, effective Monday. The stock will continue to trade under the symbol SXTP on the Nasdaq Capital Market, the company said. This reverse stock split is intended to help the company meet Nasdaq's $1 minimum bid...
Copyright 2023-2026 - www.financetom.com All Rights Reserved