Investing.com - J&J (NYSE:JNJ) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.1 on revenue of $20.02B. Analysts polled by Investing.com anticipated EPS of $2.04 on revenue of $19.62B. That compared to EPS of $2.06 on revenue of $20.01B in the same period a year earlier. The company had reported EPS of $1.97 on revenue of $20.39B in the previous quarter.
For the year, J&J shares are up 5.79%, under-performing the S&P 500 which is up 17.3% year to date.
J&J follows other major Healthcare sector earnings this month
On Monday, March 18, 2019, Tilray reported first quarter EPS of $-0.33 on revenue of $15.53M, compared to forecasts of EPS of $-0.14 on revenue of $14.15M.
INC Research earnings beat analyst's expectations on Monday, March 18, 2019, with first quarter EPS of $0.95 on revenue of $1.15B. Investing.com analysts expected EPS of $0.81 on revenue of $1.15B
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