Johnson & Johnson earnings: What to expect

📆 2023/10/17 09:20:00
📰 MarketWatch

⏱ Reading Time:
28 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Johnson & Johnson is not expected to produce big surprises in its earnings release due Tuesday

Earnings: Analysts tracked by FactSet expect J&J JNJ, +0.43% to post per-share earnings of $2.52, down from $2.55 in the year-earlier period.

Revenue: The FactSet consensus calls for $21.036 billion in revenue, down from $23.791 billion a year ago. Estimize is expecting revenue of $21.583 billion. Of the 18 analysts tracked by FactSet who cover J&J shares, 10 have a buy rating, seven have a hold rating and one is underweight, or sell. “We continue to see solid fundamentals for the business with a pipeline that has strengthened over recent years and a MedTech portfolio that is showing strong growth as the business recovers post COVID,” they wrote in a recent note to clients.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Johnson & Johnson Reports Earnings Tuesday. What to ExpectAn update in August after the split leaves investors with fewer questions for Tuesday's results.
Source: MarketWatch - 🏆 3. / 97 Read more »

Goldman Sachs Reports Earnings Tuesday. What to Expect.The bank's profit in the third quarter is expected to fall by 32%, to $2 billion.
Source: MarketWatch - 🏆 3. / 97 Read more »

Lockheed Martin Reports Earnings Tuesday. What To Expect.The company's shares are up about 10% since war broke out between Israel and Hamas.
Source: MarketWatch - 🏆 3. / 97 Read more »