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Sohini Mondal

Boston Scientific's Quarterly Earnings Preview: What You Need to Know

Boston Scientific BSX

Boston Scientific Corporation (BSX) manufactures and markets medical devices for various interventional medical specialties globally, with a market cap of $112.8 billion. Based in Marlborough, Massachusetts, the company is expected to release its fiscal Q2 earnings results before the market opens on Wednesday, Jul. 24.

Ahead of this event, analysts expect BSX to report a profit of $0.58 per share, up 9.4% from $0.53 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. The company surpassed the consensus EPS estimate by 9.8% in the most recent quarter, driven by resilient demand for its heart devices.

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