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Stock impact report

What's Next For JNJ Stock? [Forbes]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Forbes
The company posted adjusted earnings of $2.77 per share on revenue of $21.9 billion, exceeding consensus estimates of $2.59 per share and $21.6 billion in revenue. This strong performance was largely driven by increased sales of key drugs including Darzalex, Tremfya, and Erleada, supported by growing market share. However, as expected, Stelara experienced a notable 34% year-over-year sales decline to $1.6 billion, due to biosimilar competition. J&J's adjusted net margins remained just under 31%, consistent with the same quarter last year. If you're seeking upside potential with less volatility than individual stocks, take a look at the High-Quality portfolio which has outperformed the S&P and delivered over 91% returns since inception. What's Next For J&J? Looking forward, the company raised its revenue forecast from the prior range of $89.2 billion to $90.0 billion to a revised range of $91.0 billion to $91.8 billion. Meanwhile, it reaffirmed its adjusted EPS guidance of $10.50 Show less Read more
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