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J&J (JNJ) Beats on Q2 Earnings, Ups 2019 Sales Growth View
Johnson & Johnson’s JNJ second-quarter 2019 earnings came in at $2.58 per share, which beat the Zacks Consensus Estimate of $2.42 and increased 22.9% from the year-ago period.
Adjusted earnings exclude gain from the divesture of Advanced Sterilization Products business in April, after-tax intangible amortization expense and some special items. Including these items, J&J reported second-quarter earnings of $2.08 per share, up 43.4% from the year-ago quarter.
Sales of the drug and consumer products giant came in at $20.56 billion, which beat the Zacks Consensus Estimate of $20.32 billion. Sales declined 1.3% from the year-ago quarter, reflecting an operational increase of 1.6%, which was offset by an unfavorable currency impact of 2.9%.
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https://finance.yahoo.com/news/j-j-jnj-b...01390.html
![[Bild: JNJc1dl1656.png]](https://finviz.com/publish/071619/JNJc1dl1656.png)
Johnson & Johnson’s JNJ second-quarter 2019 earnings came in at $2.58 per share, which beat the Zacks Consensus Estimate of $2.42 and increased 22.9% from the year-ago period.
Adjusted earnings exclude gain from the divesture of Advanced Sterilization Products business in April, after-tax intangible amortization expense and some special items. Including these items, J&J reported second-quarter earnings of $2.08 per share, up 43.4% from the year-ago quarter.
Sales of the drug and consumer products giant came in at $20.56 billion, which beat the Zacks Consensus Estimate of $20.32 billion. Sales declined 1.3% from the year-ago quarter, reflecting an operational increase of 1.6%, which was offset by an unfavorable currency impact of 2.9%.
...
https://finance.yahoo.com/news/j-j-jnj-b...01390.html
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