Boston Scientific Reports Q4 Adj. EPS Of $0.22 - Quick Facts

(RTTNews) - Boston Scientific Corporation (BSX) reported fourth-quarter net income of $87 million or $0.06 per share, compared to $108 million or $0.08 per share, prior year. Adjusted earnings per share was $0.22, for the quarter.

On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.22 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $1.89 billion from $1.84 billion last year. Analysts expected revenue of $1.90 billion for the quarter.

The company estimates revenue for the full year 2015 to be in a range of $7.30 billion to $7.50 billion. The company estimates income on a GAAP basis in a range of $0.42 to $0.48 per share, and adjusted earnings, excluding acquisition- and divestiture- and restructuring-related charges, pension termination charges, and amortization expense, in a range of $0.88 to $0.92 per share. Analysts expect the company to report fiscal 2015 earnings per share of $0.90 on revenue of $7.59 billion.

The company estimates sales for the first quarter of 2015 in a range of $1.74 billion to $1.80 billion. The company estimates earnings on a GAAP basis in a range of $0.07 to $0.11 per share. Adjusted earnings, excluding acquisition- and divestiture- and restructuring-related charges, pension termination charges and amortization expense, are estimated in a range of $0.19 to $0.21 per share. Analysts expect the company to report first-quarter earnings per share of $0.21 on revenue of $1.83 billion.