Edwards Life Sciences (EW +11.3%) jumps after its Q1 easily beats estimates on strong sales...

|About: Edwards Lifesciences Corp (EW)|By:, SA News Editor

Edwards Life Sciences (EW +11.3%) jumps after its Q1 easily beats estimates on strong sales growth of Sapien, its catheter-delivered heart valve. However, the company is lowering its FY12 sales estimates for the valves by $30M on an expected one-quarter delay in U.S. approval for patients at high risk for surgery.