FMP

FMP

Enter

Boston Scientific Gains 4% on Q4 Beat

-

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

Boston Scientific (NYSE:BSX) announced its fourth-quarter results, which were better than expected, leading to a 4% increase in its shares intra-day today.

The medical device company reported adjusted earnings per share (EPS) of 55 cents for the fourth quarter, up from 45 cents in the same period the previous year and surpassing the consensus estimate of 51 cents. Boston Scientific's net sales also saw a notable year-over-year increase of 15% to $3.73 billion, outperforming the projected $3.6 billion.

Looking to the upcoming first quarter, Boston Scientific expects an adjusted EPS of between 50 and 52 cents, compared to the consensus estimate of 52 cents.

For the entire year, the company is projecting an adjusted EPS to range from $2.23 to $2.27, compared to the analysts' estimate of $2.24.

Other Blogs

May 14, 2024 11:41 AM - Sanzhi Kobzhan

The easiest way to calculate stock’s target price and why the target price is important.

A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...

blog post title

May 24, 2024 9:30 AM - Rajnish Katharotiya

How to Access and Analyze Earnings Call Transcripts

Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...

blog post title

May 27, 2024 3:30 PM - Rajnish Katharotiya

The best 5 GPU stocks other than NVDA

In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep