Home Business J&J beats fourth-quarter earnings expectations, will launch Covid vaccine information ‘quickly’

J&J beats fourth-quarter earnings expectations, will launch Covid vaccine information ‘quickly’

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Johnson & Johnson Coronavirus vaccine illustration

Dado Ruvic | Reuters

Johnson & Johnson on Tuesday reported fourth-quarter earnings and income that beat Wall Road’s expectations.

This is how J&J did in contrast with what Wall Road anticipated, in line with common estimates compiled by Refinitiv:

  • Adjusted EPS: $1.86 per share versus $1.82 anticipated.
  • Income: $22.48 billion versus $21.67 billion anticipated.

“I am extremely pleased with our Johnson & Johnson groups around the globe for going above and past to fulfill stakeholder wants,” J&J CEO Alex Gorsky stated in a press launch. “We proceed to progress our COVID-19 vaccine candidate and stay up for sharing particulars from our Section 3 examine quickly.”

This can be a growing story. Please verify again for updates.