Investing.com - J&J reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
J&J announced earnings per share of $2.67 on revenue of $23.43B. Analysts polled by Investing.com anticipated EPS of $2.59 on revenue of $23.69B.
J&J shares are up 3% from the beginning of the year and are trading at $177.66 , down-from-52-week-high.They are outperforming the Dow Jones which is down 5.3% from the start of the year.
J&J follows other major Healthcare sector earnings this month
J&J's report follows an earnings beat by UnitedHealth on Thursday, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.38 on revenue of $78,786M.
BioNTech had beat expectations on Wednesday, March 30, 2022 with first quarter EPS of $12.18 on revenue of $5.53B, compared to forecast for EPS of $7.44 on revenue of $3.92B.
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