Edwards Lifesciences Set New 52-Week High Thursday

Posted on: Fri, 23 Oct 2009 08:36:00 EDT


Symbols: EW
(RTTNews) - Edwards Lifesciences Corp. (EW | Quote | Chart | News | PowerRating) reported third quarter EPS of $0.71 after the close Wednesday, which beat the consensus estimate of $0.70. The company expects to report fourth quarter EPS of $0.82 to $0.86 and full year EPS of $3.02 to $3.06. The consensus estimates are for EPS of $0.83 and $3.03 respectively.

Edwards Lifesciences gapped up slightly Thursday and rose steadily throughout the first 2 hours of trade. Shares traded in a range for the rest of the day and closed higher by $4.94 at $76.04 on the highest volume in 5 months. The stock has been on an upward trend since the beginning of September and set a new high for the year.

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For full details on Edwards Life Sciences (EW) EW. Edwards Life Sciences (EW) has Short Term PowerRatings at TradingMarkets. Details on Edwards Life Sciences (EW) Short Term PowerRatings is available at This Link.

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