Johnson & Johnson shares fall 6.8% despite earnings surprise
JNJ Johnson & Johnson
$248.61 -5.73%
View chart & analysis → - 1Johnson & Johnson exceeded expectations with an adjusted earnings per share of $2.59 for the third quarter.
- 2Johnson & Johnson achieved a 5.9% revenue growth rate in the third quarter, but adjusted profit decreased by 7.5%.
- 3Johnson & Johnson provided guidance that revenue will grow to $101.2 billion in 2026.
So what's the key point?
Johnson & Johnson made more profit than experts expected. However, the stock price fell because profit decreased by 7.5%.
Source Nasdaq +1 · View original ↗
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