Johnson & Johnson Stock Surges 5% After Raising Dividend And Beating Earnings

for over-the-counter medicine and packaged consumer goods during the ongoing coronavirus health crisis.

Johnson & Johnson reported profits of $2.30 per share—higher than the $2 per share forecast by analysts, and sales rose 3.3% from a year ago to $20.7 billion, compared to the $19.5 billion analysts expected.as consumers sought to use over-the-counter medicines to reduce fever and other symptoms associated with coronavirus.by 6.3%, from 95 cents per share to $1.01 per share—a pleasant surprise for investors who have been bracing for the impact of Covid-19 on corporate earnings reports.

The dividend increase came even as the company lowered its full-year forecast for 2020, saying that it expects a decline in sales and higher expenses as it spends more in response to the pandemic.in late March that it plans to begin human trials for the vaccine by September and that it could be widely available by 2021.

skleb1234 They can use that money to pay off the lawsuits.

skleb1234 While initially surprising earnings news, it makes sense given that Johnson & Johnson makes a lot of home goods products and has a large pharmaceutical division. Curious to see how much its stock can rally now in light of the tumble it took a month ago.

skleb1234 They should donate some money and to the heath care system they own everything

skleb1234 Imagine shareholders profiting from death. 😕

skleb1234 Yet no vaccine.

skleb1234 Oh wow 🤦‍♀️

skleb1234 superb From

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Johnson & Johnson Stock Surges 5% After Raising Dividend And Beating EarningsI am a New York—based reporter for Forbes covering breaking news, with a focus on financial topics. Previously, I wrote about investing for Money Magazine and was an intern at Forbes in 2015 and 2016. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter skleb1234 or email me at sklebnikovforbes.com
Fonte: Forbes - 🏆 394. / 53 Consulte Mais informação »

Futures flat as investors brace for a tough earnings season amid coronavirus crisisEarnings season is set to kick off on Tuesday with JPMorgan Chase, Wells Fargo and Johnson & Johnson reporting numbers in the morning. Which future? One which opened 5 mins ago? Not all companies’ earnings will be bad ... stop with the dramatics !
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

The strategist who warned investors there was nowhere to run now sees opportunities as earnings season beginsThe strategist who warned investors in February there was nowhere to run sees opportunities this earnings season (via TradingNation) Strategist lmao. One minute they are bullish and next bearish. Why waste money just employ 3 Yr olds that will give you the same info. 'Pandemic - The Achilles Heel of American Society'...and made far, far, more vulnerable by a dictatorial administration, and a complicit GOP. While Americans lock themselves down, the American piggy bank is being robbed by grifters, liars, and despicable human beings. Earnings? Who cares about Q1 earnings? Who besides Walmart/costco/target have earnings guidance of any relevance?
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »