Company News: Johnson & Johnson (JNJ) Q2 results beat analysts’ estiamtes

Market news

19 July 2016

Company News: Johnson & Johnson (JNJ) Q2 results beat analysts’ estiamtes

Johnson & Johnson reported Q2 FY 2016 earnings of $1.74 per share (versus $1.71 in Q2 FY 2015), beating analysts' consensus estimate of $1.68.

The company's quarterly revenues amounted to $18.482 bln (+3.9% y/y), beating analysts' consensus estimate of $17.986 bln.

JNJ rose to $126.01 (+2.33%) in pre-market trading.

Turkish central bank cuts overnight rate by 0.25 %

Russia and Turkey will resume charter flights until the end of the year

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