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