Boston Scientific (BSX) Tops Q4 EPS by 2c; Offers Q1 EPS Guidance Below Consensus, FY20 EPS Mid-Point Outlook Below Consensus

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Boston Scientific Announces Results For Fourth Quarter And Full Year 2019

February 5, 2020 6:30 AM EST

MARLBOROUGH, Mass., Feb. 5, 2020 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated sales of $2.905 billion during the fourth quarter of 2019. This represents growth of 13.4 percent on a reported basis, 14.1 percent on an operational1 basis and 7.3 percent on an organic2 basis, all compared to the prior year period. The company reported GAAP earnings of $3.996 billion or $2.83 per share (EPS), compared to GAAP earnings of $386 million or $0.27 per share a year ago and achieved adjusted earnings per share of $0.46 for the period, compared to $0.39 a year ago. Reported GAAP earnings include a... More