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Johnson & Johnson Message Board

  • adspatz adspatz Oct 15, 2013 10:49 AM Flag

    Johnson & Johnson earnings increase 11%

    Search for "SEC Live Filings Digest" to find out more.
    Johnson & Johnson (JNJ) reported revenues of $17.58B in its most recent financial results announcement for the third quarter fiscal 2013. The company earned $2.98B or $1.04 per share, up slightly from $2.97B and $1.05 per share a year ago. As a result of its strong performance, Johnson & Johnson raised its annual guidance from the previously established range of $5.40 to $5.47 to now between $5.44 and $5.49 per share. The company continues to trend upward thanks to its diverse portfolio of offerings, which has led to its success whereas other competitors that rely solely on a few key products are more susceptible to volatility. CEO Alex Gorsky commented that this quarter’s results demonstrate the company’s ability to achieve both near and long-term goals while continuing to grow the business.

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