Johnson & Johnson (NYSE: JNJ) has announced that it will be unveiling its third quarter financial results on Tuesday 15th October 2024. This announcement is set to occur before market open, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Based on the predictions of financial experts on Wall Street, the establishment is expected to reveal an anticipated $2.21 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $22.16 billion for the quarter.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $2.66. This notable figure was attributed to the company's total revenue, which settled at an impressive $21.35 billion during that specific quarter.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $88.51 billion. In addition, they anticipate the company to report profit of $9.84 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.82 | +0.7% | 22.45 B | -12.1% |
| Q1 2024 | $2.71 | +1.1% | 21.38 B | -13.6% |
| Q4 2023 | $2.29 | -2.6% | 21.40 B | -9.7% |
| Q3 2023 | $2.66 | +4.3% | 21.35 B | -10.3% |
| Q2 2023 | $2.80 | +8.1% | 25.53 B | +6.3% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 15th October 2024 at 08:30 AM eastern time to review the Q3 2024 financial results.
During Friday's trading, Johnson & Johnson (JNJ) shares reached a low of $161.20 and a high of $162.66, along with a total volume of 5.25 million shares. The stock ended the regular trading session at $161.46, indicating an increase of 0.59 percent.
