Investing.com – J&J reported on Wednesday second quarter that beat analysts’ forecasts and revenue that topped expectations.
J&J announced earnings per share of $2.48 on revenue of $23.31B. Analysts polled by Investing.com anticipated EPS of $2.29 on revenue of $22.5B.
J&J shares are up 7% from the beginning of the year, still down 2.99% from its 52 week high of $173.65 set on January 26. They are under-performing the Dow Jones which is up 12.76% from the start of the year.
J&J follows other major Healthcare sector earnings this month
J&J’s report follows an earnings beat by Intuitive Surgical on Tuesday, who reported EPS of $3.92 on revenue of $1.46B, compared to forecasts EPS of $3.07 on revenue of $1.27B.
HCA had beat expectations on Tuesday with second quarter EPS of $4.37 on revenue of $14.44B, compared to forecast for EPS of $3.16 on revenue of $13.61B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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