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Stock impact report

Johnson & Johnson's stock rallies on profit result, upbeat outlook [MarketWatch]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: MarketWatch
Johnson & Johnson's stock rallies after profit beat expectations, provides upbeat outlook Shares of Johnson & Johnson JNJ, +0.53% rallied 1.0% in premarket trade Tuesday, after the health care and consumer products company reported fourth-quarter profit that beat expectations, and provided an upbeat outlook. The company swung to a net loss of $10.71 billion, or $3.99 a share, from earnings of $3.81 billion, or $1.38 a share, in the same period a year ago. Excluding non-recurring items, which included a charge related to recent tax legislation, adjusted earnings per share came to $1.74, above the FactSet consensus of $1.72. Revenue rose 11.5% to $20.20 billion, beating the FactSet consensus of $20.08 billion. Consumer revenue rose 3.1% to $3.54, just shy of the FactSet consensus of $3.56 billion, while pharmaceutical revenue grew 17.6% to $9.68 billion to top expectations of $9.66 billion and medical devices revenue increased 8.3% to $6.97 billion to beat expectations of $6.90 billi Show less Read more
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