Boston Scientific adjusts its forecasts

Par Jean-Noël Legalland

Published on 07/27/2022 at 1:05 p.m.

Photo credit © Archyde.com

(Boursier.com) — Boston Scientific, the American medical equipment giant, announced for its second fiscal quarter accounts that exceeded expectations in terms of profits and sales. Nevertheless, the group is cautiously lowering its annual estimates. Be that as it may, the medical equipment specialist believes it is maintaining strong positions in an uncertain macroeconomic environment. Quarterly net profit was $246 million, or 17 cents per share, compared with $172 million a year earlier. Adjusted earnings per share were 44 cents, versus a FactSet consensus of 42 cents. Revenue rose 5.4% to $3.24 billion.


©2022 Boursier.com



Leave a Replay