St. Jude Medical (STJ) Tops Q4 EPS by 1c, FY16 EPS Guidance Falls Short

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St. Jude Medical Reports Fourth Quarter and Full-Year 2015 Results

January 27, 2016 7:15 AM EST

ST. PAUL, Minn.--(BUSINESS WIRE)-- St. Jude Medical, Inc. (NYSE: STJ) today reported sales and net earnings for the fourth quarter and full-year ended Jan. 2, 2016.

Fourth quarter 2015 highlights:

Neuromodulation sales increased 9 percent on a constant-currency basis over the fourth quarter of 2014 Thoratec product sales grew 15% on a comparable constant currency basis for the full fourth quarter 2015 Adjusted net earnings per share of $1.02 increased 11 percent on a constant currency basis, compared to the fourth quarter of 2014

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