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- Company news: Johnson & Johnson (JNJ) quarterly earnings top analysts’ expectations
Ekonomické zprávy
16.04.2024
Company news: Johnson & Johnson (JNJ) quarterly earnings top analysts’ expectations
Johnson & Johnson (JNJ) reported Q1 FY2024 earnings of $2.71 per share (versus $2.68 per share in Q1 FY2023), beating analysts’ consensus estimate of $2.64 per share.
The company’s quarterly revenues amounted to $21.383 bln (+2.3% y/y), roughly in line with analysts’ consensus estimate of $21.390 bln.
The company also issued in-line guidance for FY2024, seeing EPS of $10.57-10.72 versus analysts’ consensus estimate of $10.66 and revenues of +4.7-5.2% y/y to ~$88.0-88.4 bln versus analysts’ consensus estimate of $88.42 bln.
In addition, Johnson & Johnson declared a 4.2% increase in its quarterly dividend, from $1.19/share to $1.24/share.
JNJ fell to $145.03 (-1.73%) in pre-market trading.
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