Investing.com - Boston Scientific (NYSE:BSX) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.39 on revenue of $2.63B. Analysts polled by Investing.com forecast EPS of $0.38 on revenue of $2.64B. That compared to EPS of $0.41 on revenue of $2.49B in the same period a year earlier. The company had reported EPS of $0.35 on revenue of $2.49B in the previous quarter.
For the year, Boston Scientific shares are up 21.34%, broadly in line with the S&P 500 which is up 21.34% year to date.
Boston Scientific follows other major Healthcare sector earnings this month
On Tuesday, July 16, 2019, J&J reported second quarter EPS of $2.58 on revenue of $20.56B, compared to forecasts of EPS of $2.46 on revenue of $20.29B.
Novartis ADR earnings beat analyst's expectations on Thursday, July 18, 2019, with second quarter EPS of $1.34 on revenue of $11.76B. Investing.com analysts expected EPS of $1.21 on revenue of $11.49B
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