Boston Scientific Raises Full-Year Adjusted Earnings Guidance Range
July 27 2021 - 7:15AM
Dow Jones News
By Matt Grossman
Boston Scientific Corp. on Tuesday raised its full-year
adjusted-earnings guidance.
The Marlborough, Mass.-based medical-devices maker said it now
expects adjusted earnings of $1.58 a share to $1.62 a share in
2021. The company had previously forecast adjusted earnings of
$1.53 a share to $1.60 a share. Boston Scientific forecast sales
reported growth of 21% to 22% in 2021.
The company also issued guidance for the third quarter,
forecasting adjusted earnings of 39 cents a share to 41 cents a
share on sales growth of 12% to 14% year over year. Analysts had
been expecting third-quarter adjusted earnings of 40 cents a
share.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
July 27, 2021 07:09 ET (11:09 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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