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Stock impact report

Abbott expects a ‘few hundred million' in tariff costs in 2025 [Yahoo! Finance]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Yahoo! Finance
By the numbers Q1 revenue: $10.36 billion 4% increase year over year Medical device sales: $4.9 billion 9.9% increase year over year Net earnings: $1.33 billion 8.2% increase year over year Abbott expects a “few hundred million dollars” of impact from tariffs this year, CEO Robert Ford told investors on a Wednesday earnings call. Ford sought to assure investors that the company has strategies to mitigate the damage from President Donald Trump's tariff strategy. “Everything is pretty certain for us in terms of how we're executing and the expectations we have for products,” Ford said. Abbott is maintaining its forecast for adjusted diluted earnings per share in 2025. Prior to the tariffs, the CEO added, Abbott considered raising its earnings forecast for 2025 because of the momentum the company saw in its base business. The approach dovetails with healthcare giant Johnson & Johnson's tariff assessment. J&J kept its earnings forecast Tuesday despite calling out a tar Show less Read more
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