The quarterly earnings of Johnson & Johnson topped analyst forecasts



Manufacturer of goods in the healthcare sector Johnson & Johnson reported a profit for the III quarter of the current year in the amount of 5.2 billion dollars, or up to 1.9 $ per share.

The company’s revenues grew by 10% to 19.7 billion dollars.

Analysts predicted profit of Johnson & Johnson at 1.8 $ per share and revenues in the amount of 19.29 billion.

The company also raised its annual forecast for earnings per share to 7.25-7.3 with $ 7.12-7.22 USD and expectations for income in the range of 76.1-76.5 billion with a 75.8-76.1 billion dollars.

After the publication of the quarterly reports during premarket trading on the shares of Johnson & Johnson rose 1.7%.




The quarterly earnings of Johnson & Johnson topped analyst forecasts 17.10.2017

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