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Stock impact report

Medtronic lifts annual profit view on strong demand for medical devices [Yahoo! Finance]

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: Yahoo! Finance
The Ireland-based company expects profit in the range of $5.44 to $5.50 per share for fiscal year 2025, compared with its earlier forecast of $5.42 to $5.50. The new midpoint of $5.47 is slightly higher than analysts' estimates of $5.45, according to data compiled by LSEG. Investors had set a high bar for results from medical device makers as the companies continue to benefit from healthy demand for non-urgent surgeries, especially among older Americans, over the last few quarters. Peers Boston Scientific and Abbott had also raised their annual profit forecasts last month. Medtronic's total revenue for the quarter rose 5.3% to $8.40 billion, compared with estimates of $8.27 billion. (Reporting by Sriparna Roy and Mariam Sunny in Bengaluru; Editing by Devika Syamnath) Show less Read more
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