Johnson & Johnson (JNJ) Tops Q1 EPS by 3c; Cuts FY15 EPS Outlook

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Go back to Johnson & Johnson (JNJ) Tops Q1 EPS by 3c; Cuts FY15 EPS Outlook

Johnson & Johnson Reports 2015 First-Quarter Results:

April 14, 2015 7:45 AM EDT

NEW BRUNSWICK, N.J., April 14, 2015 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced sales of $17.4 billion for the first quarter of 2015, a decrease of 4.1% as compared to the first quarter of 2014. Operational results increased 3.1% and the negative impact of currency was 7.2%. Domestic sales increased 5.9%. International sales decreased 12.4%, reflecting operational growth of 0.8% and a negative currency impact of 13.2%. Excluding the net impact of acquisitions and divestitures, on an operational basis, worldwide sales increased 5.7%, domestic sales increased 9.1% and international sales increased 3.0%.*

Net earnings and diluted earnings per share for the first quarter of 2015 were $4.3 billion and... More