Johnson & Johnson Q2 Earnings Beat Analysts’ Estimates

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HFA Staff
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This morning saw the release of an earnings report from Johnson & Johnson (NYSE:JNJ). The consumer goods and health care products firm showed earnings of $1.48 per share for the three months ending June 30, on revenue of $17.9 billion for the period. Shares in Johnson & Johnson will open at $90.40 later this morning. Analysts following Johnson & Johnson (NYSE:JNJ) were looking for earnings of $1.39 per share for the June quarter on revenues totaling $17.7 billion in the same period. In the same three months of 2012, Johnson & Johnson (NYSE:JNJ) earned $1.30 per share on revenue of $16.5 billion. Value…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.