This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Edwards Lifesciences to Report on Lowered Outlook

NEW YORK ( TheStreet) -- This has been a busy week of earnings reports as many large cap companies crowd the headlines and anxious shareholders react to news from the earnings confessional.

Some of these reports, as well as the political circus in the U.S. and even the baseball championships have left many shareholders, voters and sports fans feeling the pounding of that most important of all pumps, our incredible hearts.

With the ongoing process of aging comes new medical issues and coronary challenges. Here in the U.S., more than 1,000 "baby boomers" turn 65 each day. The oldest of that large demographic group (estimated at around 75 million people) will soon be turning 67 in 2013.

The breakthroughs in cardiac technologies and the science of keeping the heart pumping reliably are becoming more important with each passing year.

One of the companies focusing on this critically important area of health care for almost 13 years is Edwards Lifesciences (EW) which reports earnings Friday.

Irvine, Calif.-based Edwards Lifesciences provides products and technologies used to treat advanced cardiovascular diseases. Edwards' expertise involves providing many of the vital parts that are used during cardiac surgery procedures. They appear to be one of the most successful "specialists" in creating minimally invasive surgery products.

Beyond that EW manufactures and sells various other vascular devices consisting of balloon-tipped, catheter-based embolectomy products, plus surgical clips and clamps. When it comes to the medical products needed for the repair of the human heart EW appears to provide them or is working on providing them.

You can learn about EW's specialties at their educational web site. You're sure to come away learning not only about this company but of many medical advances that have been made in the science of keeping our "tickers ticking."

Jim Cramer and Stephanie Link actively manage a real money portfolio for his charitable trust -- enjoy advance notice of every trade, full access to the portfolio, and deep coverage of the latest economic events and market movements.

As EW prepares to report third-quarter results, it's important to remember that the company has guided lower in the weeks preceding. Analysts lowered their consensus estimate of earnings per share from 60 cents to around 56 cents. That would still represent a 47% increase over the year-ago quarter when the company reported earnings of 38 cents per share.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,265.99 +109.14 0.64%
S&P 500 2,011.36 +9.79 0.49%
NASDAQ 4,593.4250 +31.2360 0.68%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs