Baxter raises annual profit forecast on strong demand for medical devices [Reuters]
Johnson & Johnson (JNJ)
Last johnson & johnson earnings: 4/14 06:31 am
Check Earnings Report
US:NYSE Investor Relations:
jnj.com
Company Research
Source: Reuters
on Thursday, banking on strong demand for its infusion pumps and dialysis products. Investor expectations around the performance of medical device makers have been heightened since last November due to higher demand for procedures, especially among older adults, that were delayed during the COVID-19 pandemic. Larger peers Stryker and also beat profit estimates during their quarterly results, as industry bellwether Johnson & Johnson expects medtech-related procedures to remain elevated in 2024. Baxter said the separation of its kidney care segment, which was proposed in January last year, is expected to take place in the second half of 2024. The company expects full-year adjusted profit between $2.88 and $2.98 per share, compared with its previous expectation between $2.85 and $2.95 per share. Analysts estimated a profit of $2.90 per share, according to LSEG data. The first-quarter revenue rose 2% to $3.59 billion from the previous year, beating estimates of $3.55 billion.
Show less
Read more
Impact Snapshot
Event Time:
JNJ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JNJ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JNJ alerts
High impacting Johnson & Johnson news events
Weekly update
A roundup of the hottest topics
JNJ
News
- Dividend Roundup: Home Depot, Alibaba, Johnson & Johnson, Yum! Brands, and more [Seeking Alpha]Seeking Alpha
- Proteologix, Inc. to be Acquired by Johnson & Johnson [Yahoo! Finance]Yahoo! Finance
- Johnson & Johnson To Acquire Early-Stage Eczema Treatment Developer Proteologix For $850M [Yahoo! Finance]Yahoo! Finance
- How Much Money Can I Get From The Hair Relaxer Lawsuit? [Forbes]Forbes
- Best Los Angeles Mesothelioma Lawyers Of 2024 [Forbes]Forbes
JNJ
Earnings
- 4/16/24 - Beat
JNJ
Sec Filings
- 5/16/24 - Form 424B2
- 5/15/24 - Form 424B2
- 5/14/24 - Form FWP
- JNJ's page on the SEC website