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Results: Johnson & Johnson Exceeded Expectations And The Consensus Has Updated Its Estimates [Yahoo! Finance News]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Johnson & JohnsonNYSE:JNJSee our latest analysis for Johnson & JohnsonNYSE:JNJ Past and Future Earnings April 18th 2020After the latest results, the consensus from Johnson & Johnson's 17 analysts is for revenues of US$79.2b in 2020, which would reflect a perceptible 4.3% decline in sales compared to the last year of performance. Statutory earnings per share are expected to dip 2.1% to US$6.37 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$79.8b and earnings per share EPS) of US$6.05 in 2020. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.There's been no major changes to the consensus price target of US$158, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates whe Show less Read more
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