Johnson & Johnson (NYSE: JNJ) reported first quarter 2024 earnings outcomes immediately.
Reported gross sales elevated 2.3% year-over-year to $21.4 billion.
The corporate reported internet earnings of $5.3 billion, or $2.20 per share, in comparison with a lack of $491 million, or $0.19 per share, final 12 months. Adjusted EPS elevated 12.4% to $2.71.
Earnings beat expectations whereas revenues got here according to estimates.
For the complete 12 months of 2024, the corporate expects reported gross sales to vary between $88.0-88.4 billion and adjusted EPS to vary between $10.57-10.72.
The inventory stayed purple in premarket hours on Tuesday.