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Stock impact report

Why Johnson & Johnson Stock Got Tossed by the Market Today [Yahoo! Finance]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Yahoo! Finance
Tuesday morning, it was healthcare mainstay Johnson & Johnson 's (NYSE: JNJ) turn in the spotlight, and investors weren't all that satisfied with the performance. In the wake of the company's first-quarter earnings report, the stock traded down by over 2%. That was a steeper fall than the 0.2% decline of the S&P 500 index on the day. A mixed first quarter for the company In its first quarter, Johnson & Johnson earned $21.38 billion in sales, which was more than 2% higher on a year-over-year basis. Non- GAAP (adjusted) net income also edged higher, rising by nearly 4% to $6.58 billion, or $2.71 per share. That meant a mixed quarter for the healthcare giant, as it narrowly missed the $21.40 billion consensus-analyst estimate for sales but edged past the $2.64 average projection for per-share adjusted net income. In Johnson & Johnson's investor presentation on its performance, the company quoted CEO Joaquin Duato as saying that it "reflects our sharpened focus and the progress i Show less Read more
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