Boston Scientific — Oct 23, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000885725-24-000070
Showing in the filing
Net sales growth (reported basis)
“approximately 16.5 percent”
Period
FY2024
Measure
GAAP-tied
Source
Prose
All guidance in this release · 10
Net sales growth (reported basis) for FY2024
“approximately 16.5 percent”
Net sales growth (organic basis) for FY2024
“15 percent”
EPS - GAAP results for FY2024
“$1.28 to $1.30”
EPS - Adjusted results for FY2024
“$2.45 to $2.47”
Net sales growth (reported basis) for Q4 FY2024
“approximately 16.5 to 18.5 percent”
Net sales growth (organic basis) for Q4 FY2024
“14 to 16 percent”
EPS - GAAP results for Q4 FY2024
“$0.41 to $0.43”
EPS - Adjusted results for Q4 FY2024
“$0.64 to $0.66”
Net sales - Operational growth for FY2024
“~17.0%”
Net sales - Organic growth for FY2024
“~15.0%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Net sales growth rates that exclude the impact of foreign currency fluctuations and/or the impact of acquisitions/divestitures are not prepared in accordance with U.S. GAAP. Guidance for Full Year and Fourth Quarter 2024 The company estimates net sales growth for the full year 2024, versus the prior year period, to be approximately 16.5 percent on a reported basis and 15 percent on an organic basis. Full year organic net sales guidance excludes the impact of foreign currency fluctuations and net sales attributable to acquisitions and divestitures for which there are less than a full period of comparable net sales. The company estimates EPS on a GAAP basis in a range of $1.28 to $1.30 and estimates adjusted EPS, excluding certain charges (credits), of $2.45 to $2.47. The company estimates net sales growth for the fourth quarter of 2024, versus the prior year period, to be in a range of approximately 16.5 to 18.5 percent on a reported basis, and 14 to 16 percent on an organic basis. Fourth quarter organic net sales guidance excludes the impact of foreign currency fluctuations and net sales attributable to acquisitions and divestitures for which there are less than a full period of comparable net sales. The company estimates EPS on a GAAP basis in a range of $0.41 to $0.43 and adjusted EPS, excluding certain charges (credits), of $0.64 to $0.66. Conference Call Information Boston Scientific management will be discussing these results with analysts on a conference call today at 8:00 a.m. ET. The company will webcast the call
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.