Johnson & Johnson: Q3 Earnings Snapshot
NEW BRUNSWICK, N.J. (AP) — NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson (JNJ) on Tuesday reported third-quarter earnings of $2.69 billion.
On a per-share basis, the New Brunswick, New Jersey-based company said it had profit of $1.11. Earnings, adjusted for non-recurring costs, came to $2.42 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.22 per share.
The world's biggest maker of health care products posted revenue of $22.47 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $22.19 billion.
Johnson & Johnson expects full-year earnings in the range of $9.88 to $9.98 per share, with revenue in the range of $88.4 billion to $88.8 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JNJ at https://www.zacks.com/ap/JNJ