Tuesday, January 24, 2017

JNJ Sees Higher FY17 Results, But Below Market View; Q4 Earnings Top Estimates

Drug major Johnson & Johnson Tuesday said it expects higher earnings and sales for its fiscal 2017, which are below market estimates. The company also reported solid fourth-quarter results, with adjusted earnings above market estimates, while sales missed their view, despite a growth. In pre-market activity on the NYSE, Johnson & Johnson shares were losing 1.68 percent.

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