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Boston Scientific Pops Into Buy Zones On Solid First-Quarter Report

Posted on AllSides April 24th, 2024
From The Right

Boston Scientific (BSX) stock advanced early Wednesday after the medical technology company reported adjusted earnings of 56 per share on $3.86 billion in first-quarter sales. On average, analysts polled by FactSet expected the company to earn 51 cents a share on $3.68 billion in sales. In the year-ago period, Boston Scientific earned 47 cents per share and reported $3.39 billion in sales. For the year, the company guided to adjusted EPS to between $2.29 and $2.34, with net organic sales growth ranging from 10% to 12%. Analysts predicted $2.26 earnings...

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