Market Overview

UPDATE: Johnson & Johnson Posts Upbeat Q2 Profit

Share:
Related JNJ
Stocks Going Ex Dividend The Fifth Week Of November
Pharma ETFs Down Post Q3 Earnings
GSB Wealth Management, LLC Buys DNP Select Income Fund, DNP Select Income Fund, DowDuPont Inc, ... (GuruFocus)

Johnson & Johnson (NYSE: JNJ) reported a rise in its second-quarter profit.

Johnson & Johnson's quarterly profit surged to $3.83 billion, or $1.33 per share, versus $1.41 billion, or $0.50 per share, in the year-ago period. Its adjusted earnings came in at $1.48 per share.

Its revenue surged 8.5% to $17.88 billion from $16.48 billion. However, analysts were projecting earnings of $1.39 per share on revenue of $17.7 billion.

Johnson & Johnson projects adjusted full-year earnings of $5.40 to $5.47 per share. However, analysts were projecting earnings of $5.41 per share.

Johnson & Johnson shares gained 0.88% to $91.20 in pre-market trading.

Posted-In: profitEarnings News Guidance

 

Related Articles (JNJ)

View Comments and Join the Discussion!

Partner Center