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Boston Scientific beat earnings estimates with $0.75 EPS and $5.07B revenue, up 20.3% YoY, boosting its stock and market cap.
Boston Scientific Corp. reported strong third-quarter results with $0.75 EPS and $5.07 billion in revenue, surpassing estimates, driven by a 20.3% year-over-year revenue increase.
Institutional investors, including Trek Financial, Jennison Associates, and UniSuper, increased their stakes, while Resona Asset Management reduced its holding.
The stock rose to $92.56, with a market cap of $137.22 billion, a P/E ratio of 49.50, and a "Moderate Buy" analyst consensus rating.
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Boston Scientific superó las estimaciones de ganancias con $ 0.75 EPS y $ 5.07B en ingresos, un aumento del 20.3% interanual, impulsando sus acciones y capitalización bursátil.