Company News: Johnson & Johnson's revenue fell 8.8%

Market news

14 July 2015

Company News: Johnson & Johnson's revenue fell 8.8%

Company reported Q2 profit of $1.71 per share versus $1.69 consensus. Revenues fell 8.8% year/year to $17.79 bln versus $17.78 bln consensus.

Domestic sales decreased 2.4%. International sales decreased 14.3%.

Company issued in-line guidance for FY15, raises EPS to $6.10-6.20 from $6.04-6.19 versus $6.15 consensus.

JNJ rose to $100.80 (+0.53%). on the premarket.

Final Italian consumer prices climb 0.2% in June

Final consumer price inflation in Spain increases 0.3% in June

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