Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson (JNJ) is reporting second-quarter net income of $3.83 billion.
On a per-share basis, the New Jersey, company had net income of $1.40. Per-share earnings, adjusted for non-recurring costs and amortization costs, were $1.83.
The results Tuesday, according to a survey by Zacks Investment Research, topped Wall Street per-share expectations of $1.79.
Revenue was $18.84 billion, just shy of analyst expectations for $18.89 billion.
J&J expects full-year earnings in the range of $7.12 to $7.22 per share, with revenue in the range of $75.8 billion to $76.1 billion.
Keywords: Johnson & Johnson, Earnings Report, Priority Earnings
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.