Johnson & Johnson (JNJ) Tops Q3 EPS by 10c; Raises Outlook

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Go back to Johnson & Johnson (JNJ) Tops Q3 EPS by 10c; Raises Outlook

Johnson & Johnson Reports 2017 Third-Quarter Results:

October 17, 2017 6:40 AM EDT

NEW BRUNSWICK, N.J., Oct. 17, 2017 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced sales of $19.7 billion for the third quarter of 2017, an increase of 10.3% as compared to the third quarter of 2016. Operational sales results increased 9.5% and the positive impact of currency was 0.8%. Domestic sales increased 9.7%. International sales increased 10.9%, reflecting operational growth of 9.3% and a positive currency impact of 1.6%. Excluding the net impact of acquisitions and divestitures, on an operational basis, worldwide, domestic and international sales each increased 3.8%.*  

Net earnings and diluted earnings per share for the third quarter of 2017 were $3.8 billion and $1.37, respectively.... More