Johnson & Johnson (JNJ) reported a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $10.999 billion, or $4.54 per share. This compares with $3.255 billion, or $1.34 per share, last year.
Excluding items, Johnson & Johnson reported adjusted earnings of $6.706 billion or $2.77 per share for the period.
Analysts on average had expected the company to earn $2.58 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.4% to $21.893 billion from $21.383 billion last year.
Johnson & Johnson earnings at a glance (GAAP) :
-Earnings: $10.999 Bln. vs. $3.255 Bln. last year.-EPS: $4.54 vs. $1.34 last year.-Revenue: $21.893 Bln vs. $21.383 Bln last year.
-Guidance:Full year EPS guidance: $10.50 - $10.70Full year revenue guidance: $91.0 - $91.8 Bln
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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.