{"id":31012,"date":"2023-10-17T20:59:48","date_gmt":"2023-10-17T20:59:48","guid":{"rendered":"https:\/\/prosfunds.com\/markets\/stocks\/johnson-johnson-gains-on-another-beat-and-raise-quarter\/"},"modified":"2023-10-17T20:59:50","modified_gmt":"2023-10-17T20:59:50","slug":"johnson-johnson-gains-on-another-beat-and-raise-quarter","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=31012","title":{"rendered":"Johnson & Johnson gains on another beat and raise quarter"},"content":{"rendered":"
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\u00a9 Reuters. Johnson & Johnson (JNJ) gains on another beat and raise quarter<\/span>
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Johnson & Johnson (NYSE:) beat on the top and bottom line in the third quarter and raised its guidance for the full year on both as well. Shares gained 1.5% immediately following the strong results.<\/p>\n

Third-quarter rose 6.8% to $21.4 billion, topping the consensus of $21.04 billion. Adjusted EPS rose 19.3% to $2.66, topping the consensus of $2.51.<\/p>\n

“Johnson & Johnson delivered strong results and significant pipeline advances in the third quarter, providing a solid foundation for future sustained growth,” CEO Joaquin Duato said. “With a sharpened focus on Innovative Medicine and MedTech solutions, Johnson & Johnson is innovating across the spectrum of healthcare and is poised to deliver the medical breakthroughs of tomorrow.”<\/p>\n

Looking to the full year, the company now sees Adjusted Operational Sales up 7.2%-7.7%, versus its prior guidance of 6.2%-7.2%. Adjusted EPS is seen at $10.07-$10.13, up from $10-$10.10 and above the consensus of $10.03.<\/p>\n

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Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Johnson & Johnson (JNJ) gains on another beat and raise quarter Johnson & Johnson (NYSE:) beat on the top and bottom line in the third quarter and raised its guidance for the full year on both as well. Shares gained 1.5% immediately following the strong results. Third-quarter rose 6.8% to $21.4 billion, topping […]<\/p>\n","protected":false},"author":1,"featured_media":31013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[37],"tags":[],"class_list":{"0":"post-31012","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stocks"},"yoast_head":"\nJohnson & Johnson gains on another beat and raise quarter | Prosfunds<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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