5:03 PM · 17 July 2024

Johnson & Johnson gains 4% after publishing Q2 results

Johnson & Johnson (JNJ.US) shares are gaining 4% during today's session, after the drug and healthcare products manufacturer reported second-quarter results that exceeded analysts' expectations. On the other hand, the company lowered its adjusted earnings per share forecast for the full year due to costs associated with mergers and acquisitions resulting from recent transactions. However, it seems that in the eyes of investors, higher costs incurred now will be offset by higher profits in the future.

ANNUAL FORECAST

  • Expected adjusted earnings per share (EPS) $9.97 to $10.07, previously $10.57 to $10.72
  • Expected adjusted operating EPS $10 to $10.10, previously $10.60 to $10.75
  • Expected revenues between $88 billion to $88.4 billion (unchanged)

SECOND QUARTER RESULTS

  • Adjusted EPS $2.82, estimated $2.71
  • Revenues $22.45 billion, estimated $22.32 billion
  • MedTech revenues $7.96 billion, estimated $8.22 billion
  • Pharmaceutical division revenues $14.49 billion, estimated $14.08 billion

Source: xStation

30 October 2026, 2:16 PM

US OPEN: Bloody end to the quarter. Intel loses nearly 1/3 of its value, and the crypto market shakes off a hack on the largest exchange.

30 October 2026, 11:08 AM

Market Wrap: Binance Hack Shakes Markets. European Equities Under Pressure

30 October 2026, 9:27 AM

Intel has come face to face with reality. A Turnaround is still a long way off.

29 October 2026, 10:25 PM

Amazon: Record-breaking operating margin outshined by capex growth

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits