Johnson & Johnson slips after quarterly results
BUZZ-Johnson & Johnson slips after quarterly results ** Shares of Johnson & Johnson JNJ.N fall 1% to $261.51 premarket
** Co reports Q3 adj EPS of $2.59, above analysts' est of $2.54 - LSEG
** Co posts Q3 sales of $25.4 bln, above analysts' est of $25.28 bln - LSEG
** Co lifts its 2026 forecast and now expects about $101.2 bln in reported sales and adjusted EPS of $11.10 at the midpoint, compared with prior view of about $101.1 bln in reported sales and adjusted EPS of $11.04
** Analysts, on avg, expect 2026 sales of about $101.3 bln and adjusted EPS of $11.08 - LSEG data
** Among 26 brokerages, 19 rate J&J "buy" or higher and 7 rate it "hold", while the median price target is $282 - LSEG
** As of last close, JNJ up 27.4% YTD, outperforming the S&P 500 .SPX 11.7% rise
(Reporting by Kamal Choudhury in Bengaluru)
Recent news on Johnson & Johnson
See all newsEli Lilly hits record high as healthcare stocks rally
Kenvue loses bid for rehearing after Tylenol autism lawsuits revived (updated)
Brief: Johnson & Johnson Announces New Data For Tremfya
Kenvue loses bid for rehearing after Tylenol autism lawsuits revived
Health Rounds: Glucose monitoring devices for type 2 diabetes benefit even those not on insulin