Johnson & Johnson reports third-quarter results beating expectations
JNJ Johnson & Johnson
$263.73 +0.88%
View chart & analysis → - 1Johnson & Johnson recorded third-quarter revenue of $25.4 billion, exceeding the analyst average estimate of $25.28 billion.
- 2Johnson & Johnson's third-quarter adjusted earnings per share of $2.59 was higher than Wall Street's adjusted earnings per share estimate of $2.54.
- 3Chief Financial Officer Joe Wu said Middle East conflicts, European austerity measures, and pricing in China continue to weigh on international performance.
So what's the key point?
Johnson & Johnson earned more money in the third quarter than experts expected. However, international situations continue to put pressure on performance.
Source Reuters +1 · View original ↗
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