J&J slashes outlook, races to develop coronavirus vaccine
Johnson & Johnson, anticipating significant impact from the COVID-19 pandemic, slashed its 2020 sales forecast by billions of dollars and also cut its profit expectations. It’s one of the first major U.S. corporations to report first-quarter earnings and likely a harbinger of things to come as the outbreak disrupts the global economy. The world’s biggest […]
Johnson & Johnson posts higher sales, big 4Q profit jump
Higher prescription drug sales helped push Johnson & Johnson’s fourth-quarter profit up by 32 percent. The world’s biggest maker of health care products reported net income of $4.01 billion, or $1.50 per share. That’s up from $3.04 billion, or $1.12, a year earlier. Adjusted earnings came to $1.88 per share, matching the expectations of industry […]
Johnson & Johnson posts higher sales, big 4Q profit jump
Higher prescription drug sales helped push Johnson & Johnson’s fourth-quarter profit up by 32 percent. The world’s biggest maker of health care products reported net income of $4.01 billion, or $1.50 per share. That’s up from $3.04 billion, or $1.12, a year earlier. Adjusted earnings came to $1.88 per share, matching the expectations of industry […]
Higher 3Q profit, improved outlook for Johnson & Johnson
Johnson & Johnson’s third-quarter profit jumped 23 percent, beating Wall Street forecasts, thanks to higher sales of its key medicines for cancer and immune disorders and an acquisition-related charge a year earlier. The world’s biggest maker of health care products also raised its financial forecast for the year, and its shares jumped more than 2 […]
Higher 3Q profit, improved outlook for Johnson & Johnson
Johnson & Johnson’s third-quarter profit jumped 23 percent, beating Wall Street forecasts, thanks to higher sales of its key medicines for cancer and immune disorders and an acquisition-related charge a year earlier. The world’s biggest maker of health care products also raised its financial forecast for the year, and its shares jumped more than 2 […]
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