Johnson & Johnson (JNJ) revealed a profit for third quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $2.694 billion, or $1.11 per share. This compares with $4.309 billion, or $1.69 per share, in last year's third quarter.
Excluding items, Johnson & Johnson reported adjusted earnings of $5.876 billion or $2.42 per share for the period.
Analysts on average had expected the company to earn $2.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.2% to $22.471 billion from $21.351 billion last year.
Johnson & Johnson earnings at a glance (GAAP) :
-Earnings (Q3): $2.694 Bln. vs. $4.309 Bln. last year.-EPS (Q3): $1.11 vs. $1.69 last year.-Revenue (Q3): $22.471 Bln vs. $21.351 Bln last year.
-Guidance:Full year EPS guidance: $9.88 - $9.98Full year revenue guidance: $89.4 - $89.8 Bln
For comments and feedback contact: editorial@rttnews.com
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.