Monday, January 30, 2023

Johnson & Johnson Guides Above Expectations for 2023

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https://www.barrons.com/articles/johnson-jnj-earnings-stock-price-guidance-51674561550


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Johnson & Johnson on Tuesday released financial guidance for fiscal 2023 that came in above Wall Street expectations, despite warnings earlier this month from the company’s CEO that the broader economic picture remains uncertain.

The company said it expects adjusted earnings of $10.55 a share in 2023, well above the FactSet consensus estimate of $10.33.


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