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Stock impact report

Johnson & Johnson Tops Q1 Earnings Forecast; Lowers 2020 Outlook on Coronavius Impact [TheStreet.com]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: TheStreet.com
Johnson & Johnson(JNJGet ReportJohnson & Johnson said adjusted earnings for the three months ending in March were pegged at $2.30 per share, up 9.5% from the same period last year and 31 cents ahead of the Street consensus forecast. Group revenues, J&J said, rose 6.7%  last year to $20.7 billion and topped analysts' estimates of a $19.3 billion tally.Johnson & Johnson also said it would pay a quarterly dividend of $1.01 per share, a 6.3% increase from its previous payout.Looking into 2020, J&J said it sees full-year earnings of between $7.50 and $9.50, down from a prior forecast of $9.00 to $9.15 per share. Operational sales, the company said, will come in between $79.2 billion and $82.2 billion, compared to its January estimate of $85.8 billion.“Johnson & Johnson is built for times like this, and we are leveraging our scientific expertise, operational scale and financial strength in the effort to advance the work on our lead COVID-19 vaccine candidate," said CEO Alex Gorsky. "We are Show less Read more
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