J&J profit beats forecasts, helped by lower taxes, cost cuts
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Johnson & Johnson (JNJ) Pushes Higher on Solid Results; Stock Moves Above 200 Day MA
January 26, 2016 11:38 AM ESTJohnson & Johnson (NYSE: JNJ) is seeing solid action following earnings this morning and notably shares just crossed above its 200 day moving average, an important technical indicator. Shares last traded at $99.68, up 3.4%.
Johnson & Johnson reported Q4 EPS of $1.44, $0.02 better than the analyst estimate of $1.42. Revenue for the quarter came in at $17.8 billion... More
