Investing.com - Boston Scientific (NYSE:BSX) reported first quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.35 on revenue of $2.49B. Analysts polled by Investing.com forecast EPS of $0.36 on revenue of $2.54B. That compared to EPS of $0.33 on revenue of $2.38B in the same period a year earlier. The company had reported EPS of $0.39 on revenue of $2.56B in the previous quarter.
For the year, Boston Scientific shares are up 1.56%, under-performing the S&P 500 which is up 18.44% year to date.
Boston Scientific follows other major Healthcare sector earnings this month
On Tuesday, April 16, 2019, J&J reported first quarter EPS of $2.1 on revenue of $20.02B, compared to forecasts of EPS of $2.04 on revenue of $19.61B.
Novartis ADR earnings beat analyst's expectations on Wednesday, with first quarter EPS of $1.21 on revenue of $11.11B. Investing.com analysts expected EPS of $1.1 on revenue of $11.4B
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