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Johnson & Johnson Tops Estimates but Trims Full-Year Sales Guidance. The Stock Is Rising.

Por: MarketWatch Business October 18, 2022

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Analysts surveyed by FactSet expected the healthcare giant to report earnings of $2.48 a share on revenue of about $23.4 billion. A year earlier, Johnson & Johnson posted a profit of $2.60 a share on sales of $23.3 billion. The company said it expects sales in 2022 of $93 billion to $93.5 billion, down from prior expectations of $93.3 billion to $94.3 billion. It expects full-year adjusted earnings of $10.02 to $10.07 a share vs. its previous... + full article



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