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Johnson & Johnson beats estimates, raises guidance

Oct. 15, 2013 8:04 AM ETJohnson & Johnson (JNJ) StockJNJBy: Colin Lokey, SA News Editor1 Comment
  • Shares of Johnson & Johnson (NYSE:JNJ) are up 1.8% premarket following the company's top and bottom line Q3 beat.
  • Domestic sales rise 1.7% for the quarter, while international sales jump 4.2%.
  • Diluted EPS +8.8% Y/Y.
  • Global consumer sales come in at $3.6B, up 2% Y/Y ex-currency impact.
  • Global pharmaceutical sales rise 10.9% (ex-currency impact) to $7B.
  • Worldwide medical devices sales of $6.9B rise slightly, but fall when adjusted for a negative currency impact of 2.3%.
  • FY13 EPS guidance raised to $5.44-5.49 from $5.40-5.47. Consensus is $5.46. (PR)

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