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Stock impact report

Edwards Lifesciences first-quarter profit beats estimates on heart devices strength [Reuters]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Reuters
The California-based company now expects annual sales growth to be at the higher end of its 8% to 10% forecast. Edwards makes transcatheter aortic valve replacement (TAVR) devices and competes with Abbott Laboratories , Boston Scientific and Medtronic Sales of Edwards' TAVR devices rose 6% to $1 billion in the first quarter while revenue at $1.6 billion beat analysts' estimates of $1.57 billion. On an adjusted basis, the company reported a profit of 66 cents per share, above average analysts' estimates of 64 cents, as per LSEG data. Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up Reporting by Pratik Jain in Bengaluru; Editing by Sriraj Kalluvila Our Standards: Show less Read more
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