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JNJ Johnson and Johnson

146.45
0.71 (0.49%)
Last Updated: 16:35:55
Delayed by 15 minutes
Share Name Share Symbol Market Type
Johnson and Johnson NYSE:JNJ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.71 0.49% 146.45 146.76 144.54 146.01 2,198,069 16:35:55

Johnson & Johnson Boosts Full-Year Forecast

13/10/2020 12:35pm

Dow Jones News


Johnson and Johnson (NYSE:JNJ)
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By Matt Grossman

 

Johnson & Johnson Tuesday revised its full-year forecast, pointing to slightly higher sales and profit figures than the company had previously indicated.

J&J said it now estimates 2020 reported sales will be between $81.2 billion and $82 billion, which represents a range of a 1% decline to flat compared with last year's results. In July, J&J said it expected reported sales to decline between 0.8% and 2.6% year over year.

The New Brunswick, N.J.-based health-care company said it now expects adjusted earnings per share of between $7.95 and $8.05 for the full year. The company had previously forecast adjusted earnings per share of $7.75 to $7.95.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

October 13, 2020 07:20 ET (11:20 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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