Johnson & Johnson (JNJ) Tops Q4 EPS by 2c; Guides Modestly Below the Street

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Go back to Johnson & Johnson (JNJ) Tops Q4 EPS by 2c; Guides Modestly Below the Street

Johnson & Johnson Reports 2016 Fourth-Quarter Results:

January 24, 2017 6:40 AM EST

NEW BRUNSWICK, N.J., Jan. 24, 2017 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced sales of $18.1 billion for the fourth quarter of 2016, an increase of 1.7% as compared to the fourth quarter of 2015. Operational sales results increased 2.3% and the negative impact of currency was 0.6%. Domestic sales increased 2.6%. International sales increased 0.6%, reflecting operational growth of 1.9% and a negative currency impact of 1.3%. As a reminder, there were additional shipping days in the fourth quarter of 2015 that negatively impacted the current quarter by 480 basis points. Excluding the net impact of acquisitions, divestitures, hepatitis C, Venezuela, and... More