Johnson & Johnson reports mixed Q1 earnings, narrows guidance

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Revenue Estimates,Earnings Report

Johnson & Johnson (JNJ) reported a mixed bag of first quarter results, missing revenue estimates but beating on the bottom line. The company's revenue came...

) reported a mixed bag of first quarter results, missing revenue estimates but beating on the bottom line. The company's revenue came in at $21.38 billion, slightly below the street's expectation of $21.39 billion. However, Johnson & Johnson managed to surpass analyst estimates on adjusted earnings per share , posting $2.71 versus the expected $2.65.

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