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J&J announced earnings per share of $1.67 on revenue of $18.34B. Analysts polled by Investing.com anticipated EPS of $1.47 on revenue of $17.5B.
J&J shares are up 1% from the beginning of the year , still down 5.57% from its 52 week high of $157.00 set on April 23. They are outperforming the Dow Jones which is down 5.85% from the start of the year.
J&J’s report follows an earnings beat by Helen of Troy Ltd on July 9, who reported EPS of $2.53 on revenue of $420.84M, compared to forecasts EPS of $1.49 on revenue of $347.08M.
Wright Medical had missed expectations on June 24 with second quarter EPS of $-0.09 on revenue of $218.54M, compared to forecast for EPS of $0.07 on revenue of $247.1M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
