Johnson & Johnson (JNJ reported that its fourth-quarter net earnings were $2.21 billion or $0.79 per share, compared to $2.71 billion or $0.97 per share in the same quarter last year.
Adjusted net earnings for the quarter were $2.85 billion, compared to $2.63 billion in the year ago quarter. On a per share basis, net income was $1.02, compared to $0.94 per share last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.97 per share. Analysts' estimates typically exclude special items.
Sales for the quarter were $16.55 billion, up from $15.18 billion in the prior year quarter. Fourteen analysts had consensus revenue estimate of $15.70 billion for the quarter.
For full-year 2010, the company expects earnings to be in the range of $4.85 to $4.95 per share, which excludes the impact of special items. Analysts expect the company to report earnings of $4.94 per share for fiscal 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.