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Boston Scientific Corp Q1 adjusted earnings Miss Estimates

Boston Scientific Corp (BSX) revealed earnings for its first quarter that increased from the same period last year.

The company's profit came in at $424 million, or $0.30 per share. This compares with $298 million, or $0.21 per share, in last year's first quarter.

Excluding items, Boston Scientific Corp reported adjusted earnings of $490 million or $0.35 per share for the period.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.6% to $2.49 billion from $2.38 billion last year.

Boston Scientific Corp earnings at a glance:

-Earnings (Q1): $490 Mln. vs. $455 Mln. last year.
-EPS (Q1): $0.35 vs. $0.33 last year.
-Analysts Estimate: $0.36
-Revenue (Q1): $2.49 Bln vs. $2.38 Bln last year.

Next quarter EPS guidance: $0.37 to $0.39
Full year EPS guidance: $1.54 to $1.58

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