18.04.2017 12:48:12

Johnson & Johnson Q1 Profit Rises 4%

(RTTNews) - Johnson & Johnson (JNJ) released earnings for its first quarter that climbed from last year.

The company said its bottom line rose to $5.04 billion, or $1.83 per share. This was higher than $4.85 billion, or $1.73 per share, in last year's first quarter.

Analysts had expected the company to earn $1.76 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.7% to $17.77 billion. This was up from $17.48 billion last year.

Johnson & Johnson earnings at a glance:

-Earnings (Q1): $5.04 Bln. vs. $4.85 Bln. last year. -Earnings Growth (Y-o-Y): 3.9% -EPS (Q1): $1.83 vs. $1.73 last year. -EPS Growth (Y-o-Y): 5.8% -Analysts Estimate: $1.76 -Revenue (Q1): $17.77 Bln vs. $17.48 Bln last year. -Revenue Change (Y-o-Y): 1.7%

-Guidance: Full year EPS guidance: $7.00 - $7.15 Full year revenue guidance: $75.4 - $76.1 Bln

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