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Johnson & Johnson Q1 Adjusted EPS Tops Estimations, Boosts Full Year Outlook

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Johnson & Johnson JNJ disclosed that its net earnings were $4.3 billion or earnings of $1.54 per share for the first quarter. The results of both the periods included after-tax intangible amortization expenses and other items. Excluding special items, its adjusted net earnings were $4.7 billion or adjusted earnings of $1.68 per share for the first quarter. That represented 6.1 percent and 7.7 percent year-over-year growth respectively. The FMCG firm claimed that its adjusted EPS increased 10.3 percent on an operational basis.

Analysts predicted the company to earn...


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