WASHINGTON (dpa-AFX) - Boston Scientific Corp (BSX) released a profit for its third quarter that Increased from last year and beat the Street estimates.
The company's bottom line totaled $755 million, or $0.51 per share. This compares with $469 million, or $0.32 per share, last year.
Excluding items, Boston Scientific Corp reported adjusted earnings of $1.124 billion or $0.75 per share for the period.
Analysts on average had expected the company to earn $0.71 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 20.3% to $5.065 billion from $4.209 billion last year.
Boston Scientific Corp earnings at a glance (GAAP) :
-Earnings: $755 Mln. vs. $469 Mln. last year. -EPS: $0.51 vs. $0.32 last year. -Revenue: $5.065 Bln vs. $4.209 Bln last year.
-Guidance: Next quarter EPS guidance: $0.77 to $0.79 Full year EPS guidance: $3.02 to $3.04
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