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Johnson & Johnson Rises After Topping First-Quarter Earnings Forecasts
Healthcare giant Johnson & Johnson reports first-quarter earnings lower than a year earlier but still above analysts' forecasts.
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The company reported first-quarter net income of $3.75 billion, or $2.10 an adjusted share, vs. $4.37 billion, or $1.39 a share, a year earlier. Analysts polled by FactSet had been expecting per share earnings of $2.04. Sales held flat on a year-over-year basis at approximately $20 billion.
The company narrowed its full-year earnings forecast to a range of $8.53 to $8.63 a share, down from its previous estimate of between $8.50 and $8.65. It didn't change its projected sales of $80.4 billion to $81.2 billion.
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https://www.thestreet.com/investing/john...yptr=yahoo
![[Bild: JNJc1dl0910.png]](https://finviz.com/publish/041619/JNJc1dl0910.png)
Healthcare giant Johnson & Johnson reports first-quarter earnings lower than a year earlier but still above analysts' forecasts.
...
The company reported first-quarter net income of $3.75 billion, or $2.10 an adjusted share, vs. $4.37 billion, or $1.39 a share, a year earlier. Analysts polled by FactSet had been expecting per share earnings of $2.04. Sales held flat on a year-over-year basis at approximately $20 billion.
The company narrowed its full-year earnings forecast to a range of $8.53 to $8.63 a share, down from its previous estimate of between $8.50 and $8.65. It didn't change its projected sales of $80.4 billion to $81.2 billion.
...
https://www.thestreet.com/investing/john...yptr=yahoo
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