Company News: Johnson & Johnson (JNJ) Q4 Earnings Beat Expectations

Market news

26 January 2016

Company News: Johnson & Johnson (JNJ) Q4 Earnings Beat Expectations

Johnson & Johnson reported Q4 FY 2015 earnings of $1.44 per share (versus $1.27 in Q4 FY 2014), beating analysts' consensus of $1.42.

The company's quarterly revenues amounted to $17.811 bln (-2.4% y/y), generally in line with consensus estimate of $17.856 bln.

The company also issued guidance for FY 2016, projecting EPS of $6.43-6.58 (versus analysts' consensus of $6.40) and revenues of $70.8-71.5 bln (versus analysts' consensus of $71.99 bln).

JNJ rose to $96.75 (+0.36%) in pre-market trading.

Bank of England Governor Mark Carney: conditions for an interest rate hike were not met yet

Foreign exchange market. European session: the British pound traded mixed against the U.S. dollar on comments by the Bank of England (BoE) Governor Mark Carney

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