Johnson & Johnson Profit Declines In Q1
(RTTNews) - Johnson & Johnson (JNJ) revealed earnings for first quarter that Drops, from last year
The company's bottom line came in at $5.23 billion, or $2.14 per share. This compares with $10.99 billion, or $4.54 per share, last year.
Excluding items, Johnson & Johnson reported adjusted earnings of $6.61 billion or $2.70 per share for the period.
The company's revenue for the period rose 9.9% to $24.06 billion from $21.89 billion last year.
Johnson & Johnson earnings at a glance (GAAP) :
-Earnings: $5.23 Bln. vs. $10.99 Bln. last year. -EPS: $2.14 vs. $4.54 last year. -Revenue: $24.06 Bln vs. $21.89 Bln last year.
-Guidance: Full year EPS guidance: $ 11.45 To $ 11.65
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.