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0 -0.00147058823529403 -0.00147058823529403 -0.00191176470588229 -0.00588235294117635 -0.00808897058823528 -0.009485294117647 -0.0192919117647058
Stock impact report

UPDATE 1-Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook [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
Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook (Reuters) - Johnson & Johnson ( JNJ.N Overall strength in J&J’s pharmaceuticals unit, bolstered by recent approvals for new treatments such as its cancer drug Erleada also helped drive its earnings beat. Pharmaceutical sales rose 1.7% to $10.53 billion, above analysts’ estimates of $10.27 billion, according to three analysts polled by Refinitiv. The company raised its operational sales forecast for 2019 to $82.4 billion to $83.2 billion, from a prior range of $82 billion to $82.8 billion. The diversified healthcare company, the first major U.S. drugmaker to report second-quarter results, said net earnings rose to $5.61 billion, or $2.08 per share, from $3.95 billion, or $1.45 per share, a year earlier. Excluding items, the company earned $2.58 per share, beating analysts’ expectations for $2.46 per share, according to IBES data from Refinitiv. The company reported a quarterly litigation expense of $409 m Show less Read more
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