BSX Stock Tumbles Pre-Market On Softer 2026 Sales Growth Forecast
Synopsis
For the first quarter, the company projects sales growth of 10.5% to 12% and earnings per share of $0.78 to $0.80.
Boston Scientific Corporation (BSX) said on Wednesday that it expects full-year 2026 sales to increase by about 10.5% to 11.5%, lower than the 19.9% increase it reported for full-year 2025.
BSX shares slumped nearly 10% in pre-market trading on Wednesday and are on track to open at their lowest levels since October 2024.
Boston Scientific expects fiscal 2026 earnings to range between $3.43 and $3.49 per share. For the first quarter, the company projects sales growth of 10.5% to 12.0% and earnings per share of $0.78 to $0.80.
Meanwhile, the company reported net sales of $5.29 billion, up 15.9% year over year and within its guidance range of 14.5% to 16.5%. It came marginally above Street estimates of $5.28 billion, according to Fiscal.ai data. Net income came in at $0.45 per share, slightly below the company’s forecast of $0.48 to $0.52.
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