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BSX PR A - Boston Scientific News Story

$119.79 1.5  1.3%

Sector
Healthcare
Size
Large Cap
Market Cap £46.71bn
Enterprise Value £51.41bn
Revenue £8.16bn
Position in Universe th / 7170

BUZZ-Boston Scientific rises after Q2 profit, sales beat

Tue 27th July, 2021 1:50pm
** Medical device maker's shares  BSX.N  up 1.6% at $44.69
premarket 
    ** Boston Scientific beats estimates for Q2 adj. earnings
and sales, helped by better-than-expected demand for its devices
for neuromodulation and for managing heart conditions
 urn:newsml:reuters.com:*:nPn4V4VS5a
    ** Co now sees adjusted 2021 profit of $1.58 to $1.62 per
share, from its prior estimate of $1.53 to $1.60 per share
    ** The results "should bode well for the rest of the sector
as it tracks the procedure recovery," says Citi analyst Joanne
Wuensch 
    ** BSX stock had risen ~22% YTD 

 (Reporting by Manas Mishra in Bengaluru)
 ((Manas.Mishra@thomsonreuters.com;
www.twitter.com/Manasmishra24; within U.S. +1 646 223 8780,
outside U.S. +91 806749 2709;))
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