Johnson & Johnson Earnings Retreat 10% In Q3

(RTTNews) - Johnson & Johnson (JNJ) revealed a profit for third quarter that declined compared to the same period last year.

The company said its bottom line declined to $4.17 billion, or $1.49 per share. This was down from $4.61 billion, or $1.61 per share, in last year's third quarter.

Analysts had expected the company to earn $1.45 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.4% to $17.10 billion. This was down from $18.47 billion last year.

Johnson & Johnson earnings at a glance:

-Earnings (Q3): $4.17 Bln. vs. $4.61 Bln. last year.
-Earnings Decline (Y-o-Y): -9.5%
-EPS (Q3): $1.49 vs. $1.61 last year.
-EPS Decline (Y-o-Y): -7.5%
-Analysts Estimate: $1.45
-Revenue (Q3): $17.10 Bln vs. $18.47 Bln last year.
-Revenue Change (Y-o-Y): -7.4%

-Guidance:

Full year EPS guidance: $6.15 - $6.20