J&J beats fourth-quarter earnings expectations, will release Covid vaccine data ‘soon’

Earnings

Johnson & Johnson Coronavirus vaccine illustration

Dado Ruvic | Reuters

Johnson & Johnson on Tuesday reported fourth-quarter earnings and revenue that beat Wall Street’s expectations.

Here’s how J&J did compared with what Wall Street expected, according to average estimates compiled by Refinitiv:

  • Adjusted EPS: $1.86 per share versus $1.82 expected.
  • Revenue: $22.48 billion versus $21.67 billion expected.

“I’m incredibly proud of our Johnson & Johnson teams around the world for going above and beyond to meet stakeholder needs,” J&J CEO Alex Gorsky said in a press release. “We continue to progress our COVID-19 vaccine candidate and look forward to sharing details from our Phase 3 study soon.”

This is a developing story. Please check back for updates.

Articles You May Like

How To Have Difficult Conversations With Stubborn Aging Parents
Visa and Mastercard execs grilled by senators on ‘duopoly,’ high swipe fees
SpaceX president says ‘there is plenty of room for competition,’ as Starlink nears 5 million customers
The founder of the biggest gold ETF is still bullish 20 years later
TJ Maxx parent says holiday shopping is off to a ‘strong start,’ but its guidance tells another story

Leave a Reply

Your email address will not be published. Required fields are marked *