Preview: Boston Scientific's Earnings
Portfolio Pulse from Benzinga Insights
Boston Scientific (NYSE:BSX) is expected to report Q4 earnings with an EPS of $0.51 on January 31, 2024. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows mixed stock price reactions to past earnings reports. Shares are currently trading at $61.31, up 29.13% over the last year, indicating a bullish sentiment among long-term shareholders.
January 30, 2024 | 3:01 pm
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Boston Scientific is anticipated to release its quarterly earnings report with an EPS of $0.51. Historical performance shows a mixed reaction in stock price post-earnings. Shares have risen 29.13% over the past year, reflecting a positive long-term sentiment.
The expected EPS of $0.51 sets a benchmark for investors. While historical data shows that beating EPS estimates does not always lead to a positive stock price reaction, the overall upward trend in the stock price and positive sentiment among long-term shareholders could mitigate any negative impact from the earnings report. However, the actual impact will heavily depend on whether the earnings beat expectations and the guidance provided for future quarters.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100