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J&J Earnings Beat, Revenue Misses In Q4 -Breaking


© Reuters. J&J Earnings Beat, Revenue Misses In Q4

Investing.com – J&J reported on Tuesday fourth quarter that beat analysts’ forecasts and revenue that fell short of expectations.

J&J announced earnings per share of $2.13 on revenue of $24.8B. Investing.com polled analysts and predicted EPS at $2.12 for revenue of $25.28B.

J&J shares are down 4% from the beginning of the year, still down 9.42% from its 52 week high of $179.92 set on August 20, 2021. They are outperforming the S&P 500 which is down 7.47% from the start of the year.

J&J follows other major Healthcare sector earnings this month

J&J’s report follows an earnings beat by UnitedHealth on January 19, who reported EPS of $4.48 on revenue of $73.74B, compared to forecasts EPS of $4.3 on revenue of $72.98B.

Intuitive Surgery beat all expectations with a fourth quarter earnings per share of $1.3 on $1.55B in revenue, as compared to $1.28 for $1.52B revenue.

You can keep up to date on the latest earnings reports at www.investors.com Investing.com’s earnings calendar

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.