Johnson & Johnson (JNJ) Tops Q2 EPS by 3c, FY Guidance Misses Views

Go back to Johnson & Johnson (JNJ) Tops Q2 EPS by 3c, FY Guidance Misses Views

Johnson & Johnson Reports 2018 Second-Quarter Results:

July 17, 2018 6:40 AM EDT

NEW BRUNSWICK, N.J., July 17, 2018 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced sales of $20.8 billion for the second quarter of 2018, an increase of 10.6% as compared to the second quarter of 2017. Operational sales results increased 8.7% and the positive impact of currency was 1.9%. Domestic sales increased 9.4%. International sales increased 11.8%, reflecting operational growth of 7.9% and a positive currency impact of 3.9%. Excluding the net impact of acquisitions and divestitures, on an operational basis, worldwide sales increased 6.3%, domestic sales increased 5.7% and international sales increased 6.8%.*

Net earnings and diluted earnings per share for the second quarter of 2018 were... More