By Allison Prang

Edwards Lifesciences Corp., a medical devices company, logged higher earnings and net sales in its fourth quarter.

Edwards' earnings grew to $309.5 million, or 49 cents a share. Net income the comparable quarter a year prior was $280.2 million, or 44 cents a share.

Adjusted earnings were 50 cents a share. According to FactSet, analysts were expecting 53 cents a share.

Net sales rose 1.5% to $1.19 billion. Analysts were expecting $1.18 billion.

Shares of the company declined 3.35% to $82 in after-hours trading.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

January 27, 2021 16:43 ET (21:43 GMT)

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