Investing Club: Johnson & Johnson deserves more credit for another healthy quarter and strong guidance
Johnson & Johnson posted another solid quarter of healthy growth — and another productive year of free-cash-flow generation — despite a slight miss on sales. The health-care company and Club holding on Tuesday reported sales for the fourth quarter of $23.706, down 4% from a year earlier and missing the $23.706 billion consensus estimate provided by Refinitv. On an adjusted operational basis, which excludes the impact of acquisitions and divestitures and currency, sales rose 0.8%.
4% growth in the United States and 6% from the rest of the world. Even though JNJ's drug business is up against the loss of exclusivity of Stelara late next year, management expects 2023 will be its 12th consecutive year of above-market growth, driven by Darzalex, Erleada, Tremfya, Invega, Sustenna, and Uptravi, along with the continued uptake of recent launches such as Carvykti, Spravato, and Tecvayli.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Johnson & Johnson Fourth-Quarter Earnings Down 25%The healthcare-products company reported declining sales in the fourth quarter as demand dropped for its Covid-19 vaccine.
Leer más »
Boris Johnson makes surprise visit to war-torn Ukraine to meet with President Zelenskyy, pledge helpFormer British Prime Minister Boris Johnson made a surprise visit to Ukraine this weekend, where he pledged continued support for the in its nearly year-long war against Russia.
Leer más »
New 'Red One' Image Shows Dwayne Johnson and J.K. Simmons Preparing for the HolidaysDwayne Johnson and J.K. Simmons are already preparing for the holidays in a new RedOne image.
Leer más »
JK Simmons' Santa Struts Alongside Dwayne Johnson in New Red One ImageDwayne Johnson shares a new image from RedOne that features his character with the 'coolest dude in the North Pole, J.K. Simmons', who plays Santa Claus in the Christmas-theme action-comedy.
Leer más »
Jan. 22, 2023 marks 50 years since death of President Lyndon B. JohnsonOn Jan. 22, 1973, President Lyndon B. Johnson suffered a heart attack at the LBJ Ranch and was flown to San Antonio where he was pronounced dead at the age of 64.
Leer más »
BBC Board To Probe Richard Sharp Over Boris Johnson Loan ScandalBBC Chair Richard Sharp has asked the BBC Board to review conflicts of interest regarding his appointment in the wake of the Boris Johnson loan scandal that broke over the weekend. Sharp has been u…
Leer más »