© Reuters. J&J Earnings Beat, Revenue Misses In Q4Investing.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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