Boston Scientific Corp. (BSX - Get Report) is expected to report net income of $541 million, or 38 cents a share, on sales of $2.6 billion before the market opens on Wednesday, based on a FactSet survey of 22 analysts.
In the same period a year ago, the company posted earnings of 35 cents a share on sales of $2.4 billion. It reported net income of $555 million.
The company offered EPS guidance of 37 cents to 39 cents a share at the time of its last earnings report on July 24. Shares have fallen 9.8% since then.
Quarterly estimates have risen less than 1 cent a share in the past month.
In the upcoming quarter, analysts are forecasting net income of $626.8 million, or 44 cents a share, on sales of $2.9 billion.
Boston Scientific is currently trading at a price-to-forward-earnings ratio of 21.9 based on the 12-month estimates of 22 analysts surveyed by FactSet.
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