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Stock impact report

CORRECTED-UPDATE 1-Boston Scientific's sales beat, forecasts 2018 revenue above estimates [Reuters]

Boston Scientific Corporation (BSX) 
Last boston scientific corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.bostonscientific.com
Company Research Source: Reuters
Boston Scientific's sales beats, forecasts 2018 revenue above estimates | Reuters Reuters Staff 2 Min Read (Reuters) - Boston Scientific Corp ( BSX.N ) on Thursday forecast better-than-expected 2018 revenue after the medical device maker’s fourth-quarter sales beat Wall Street estimates on strong demand for its devices such as pacemakers and stents. The company said it expects a revenue of between $9.65 billion and $9.80 billion and adjusted earnings per share of $1.35 to $1.39 in 2018. Analysts on average forecast earnings per share of $1.38 on a revenue of $9.61 billion in 2018, according to Thomson Reuters I/B/E/S. Boston Scientific reported a net loss of $615 million, or 45 cents per share, in the fourth quarter ended Dec. 31, compared with a profit of $124 million, or 9 cents per share, a year earlier. In the reporting quarter, the company incurred a $842 million charge due to changes in the U.S. tax law. The company’s adjusted earnings of 34 cents per share were in line with t Show less Read more
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