logo
  

Johnson & Johnson Q2 adjusted earnings Beat Estimates

Johnson & Johnson (JNJ) released earnings for its second quarter that climbed from last year.

The company's earnings totaled $6.28 billion, or $2.35 per share. This compares with $3.63 billion, or $1.36 per share, in last year's second quarter.

Excluding items, Johnson & Johnson reported adjusted earnings of $6.63 billion or $2.48 per share for the period.

Analysts had expected the company to earn $2.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 27.1% to $23.31 billion from $18.34 billion last year.

Johnson & Johnson earnings at a glance:

-Earnings (Q2): $6.63 Bln. vs. $4.45 Bln. last year.
-EPS (Q2): $2.48 vs. $1.67 last year.
-Analysts Estimate: $2.27
-Revenue (Q2): $23.31 Bln vs. $18.34 Bln last year.

-Guidance:
Full year EPS guidance: $9.60 - $9.70
Full year revenue guidance: $93.8B - $94.6 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT