Boston Scientific (BSX) Reports Q1 Results; Guides Q2, Raises FY11 Outlook

April 20, 2011 5:07 PM EDT
Get Alerts BSX Hot Sheet
Price: $51.83 +0.27%

Financial Fact:
Other, net: -33M

Today's EPS Names:
SVBT, ZEO, OTLK, More
Join SI Premium – FREE
Boston Scientific Corporation (NYSE: BSX) reported Q1 GAAP EPS of $0.01, vs. the analyst estimate of $0.04. Non-GAAP EPS came in at 22 cents. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.9 billion.

Sees Q2 EPS of $0.12-$0.15, versus the consensus of $0.08. Sees Q2 revenue of $1.92-$2 billion, versus the consensus of $1.92 billion.

Raises its FY11 EPS guidance from $0.50-$0.60 to $0.58-$0.68, versus the consensus of $0.31. Revenue moves from $7.5-$7.9 billion to $7.6-$7.9 billion, versus the consensus of $7.69 billion.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Earnings, Hot Guidance