Tuesday, October 13, 2020

Johnson & Johnson Q3 Results Top Estimates; Boosts FY20 Outlook

Healthcare company Johnson & Johnson on Tuesday reported that its profit for third quarter that more than doubled from last year, powered by better-than-expected procedure recovery in medical devices, growth in consumer health, and continued strength in pharmaceuticals. Both adjusted earnings per share and revenues topped analysts' expectations.The company also boosted its full-year 2020 outlook.

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