Boston Scientific (BSX) is scheduled to release its third quarter fiscal 2010 earnings on October 19, 2010 after the market close. The company is expected to report EPS and revenue of 6 cents and $1.91 billion, respectively, during the quarter, according to the Zacks Consensus Estimate.
Previous Quarter Highlights
Boston Scientific reported an adjusted EPS (excluding goodwill impairment-related credits, restructuring-related charges and amortization expense) of 6 cents for the second quarter of fiscal 2010, which surpassed the Zacks Consensus Estimate of 3 cents. However, earnings were lower than the 13 cents reported in the year-ago quarter. Net sales declined 7% year over year to $1.93 billion, primarily due to the cardiac rhythm management (CRM) ship hold and product recalls in the first quarter of 2010.
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Source: http://seekingalpha.com/article/230687-boston-scientific-earnings-preview?source=feed
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