Johnson & Johnson CFO talks Q2 earnings, medtech business

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 61 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Johnson & Johnson Nouvelles

Joe Wolk,Anjalee Khemlani

Johnson & Johnson (JNJ) reported second-quarter earnings that beat estimates on both revenue and profit. The company posted revenue of $22.45 billion...

) reported second-quarter earnings that beat estimates on both revenue and profit. The company posted revenue of $22.45 billion, surpassing the expected $22.34 billion, while adjusted EPS came in at $2.82, above the projected $2.71. Despite this strong performance, JNJ lowered its full-year guidance, citing impacts from recent acquisitions.

Joining me now for a deeper dive into this report is Joe Johnson and Johnson CFO and Executive Vice President Joe.It's It's been quite a while since we've had the chance to discuss, uh, our business, which I'm certainly proud to do on on the results of the second quarter.Quite frankly, I think investors have seen the strength of Johnson and Johnson the diversity of our portfolio.

Uh, really elevates our presence in cardiovascular, and it's, uh, performing ahead of the model expectations at the time.You may recall, Angelique. And we have plans in place to really improve that business with better health care provider interactions going forward, where some new regulations are impacting volume.On the innovative medicine side, I know you're looking forward to the impact from Stelara.In addition, you also have, um, the different, you know, movement that you have in this sector within with the investment you've made in R and D as well.So a lot of little moving parts there.

Uh, as we shared at our Enterprise Business Review in December, we now have at least 10 products or platforms.So we feel very good about how we've been able to fortify that again.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

United Airlines, JNJ earnings, housing data: What to WatchKicking off July 17th are some earnings reports from industry leaders, including Johnson and Johnson (JNJ) before the opening bell and United Airlines (UAL) ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »