Johnson & Johnson beats third-quarter earnings expectations, raises guidance

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Johnson & Johnson on Tuesday reported third-quarter earnings and revenue that beat Wall Street's expectations, led by higher sales in its medical-device unit.

Johnson & Johnson

on Tuesday reported third-quarter earnings and revenue that beat Wall Street's expectations, led by higher sales in its medical-device unit. J&J reported an adjusted earnings of $2.20 per share, higher than the $1.98 per share projected by analysts surveyed by Refinitiv. The company generated $21.08 billion in revenue, higher than the $20.20 billion expected.

The company also raised its full-year guidance, expecting adjusted earnings of $7.95 to $8.05 from per share from $7.75 to $7.95 per share. It also raised its sales forecast to between $82.0 billion and $82.8 billion from $79.9 billion and $81.4 billion.backed by the Trump administration's Covid-19 vaccine program Operation Warp Speed to enter late-stage testing.that the 60,000-patient clinical trial had been temporarily paused due to an unexplained illness in a study participant.

 

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What a nightmare interview megtirrell Wow.

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... they haunted trials also--

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Third-quarter earnings season kicks off this week and results should be much better than expectedOf the 22 S&P 500 companies that already reported, 20 beat estimates, a much higher beat rate than usual. Of course they will! If my old sales manager set my goals like Wall Street analysts set expectations, I would have blow away my quota every quarter.
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Johnson & Johnson coronavirus vaccine trials paused - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Uh oh. No politics in medicine. A VACCINE SHOULD NOT BE R U S H E D !!! THAT'S WHAT TRUMP WANTS BUT HE DOESN'T CARE IF AMERICANS DIES FROM UNTESTED VACCINES WE ALREADY KNOW THAT... HE JUST WANTS TO BE RE-ELECTED. N O W A Y !!!!
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