Johnson & Johnson Profit Advances 4% In Q4

(RTTNews) - Johnson & Johnson (JNJ) announced earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line totaled $4.04 billion, or $1.44 per share. This was higher than $3.89 billion, or $1.37 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.4% to $17.81 billion. This was down from $18.25 billion last year.

Johnson & Johnson earnings at a glance:

-Earnings (Q4): $4.04 Bln. vs. $3.89 Bln. last year. -Earnings Growth (Y-o-Y): 3.9% -EPS (Q4): $1.44 vs. $1.37 last year. -EPS Growth (Y-o-Y): 5.1% -Analysts Estimate: $1.42 -Revenue (Q4): $17.81 Bln vs. $18.25 Bln last year. -Revenue Change (Y-o-Y): -2.4%