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Johnson & Johnson (NYSE:JNJ) reported stronger-than-expected second-quarter results and raised its full-year earnings outlook, although the healthcare company’s shares slipped around 1 percent in premarket trading on Wednesday.
The company posted adjusted earnings per share of 2.90 dollars, exceeding the analyst consensus forecast of 2.86 dollars.
Revenue rose to 25.31 billion dollars, ahead of expectations of 25.02 billion dollars and up 6.6 percent from 23.74 billion dollars in the same period last year.
Johnson & Johnson also increased its full-year 2026 adjusted earnings guidance to between 11.60 dollars and 11.75 dollars per share. The midpoint of 11.68 dollars is above analysts’ consensus estimate of 11.58 dollars.
The company expects full-year revenue of between 100.8 billion dollars and 101.4 billion dollars, with the midpoint of 101.1 billion dollars slightly exceeding market expectations.
Chairman and Chief Executive Officer Joaquin Duato said:
“Johnson & Johnson delivered strong second-quarter results, demonstrating the power of our innovation, the depth of our portfolio and the momentum in our pipeline as we advance transformative treatments that address the world’s toughest health challenges.”
The Innovative Medicine division remained the company’s primary growth engine, with worldwide operational sales increasing 6.8 percent.
Strong demand for oncology treatments DARZALEX, CARVYKTI, TECVAYLI and RYBREVANT supported performance, alongside continued growth from immunology drug TREMFYA and neuroscience therapies SPRAVATO and CAPLYTA.
These gains were partially offset by lower sales of STELARA and REMICADE.
The MedTech business delivered operational sales growth of 3.6 percent, driven by wound closure products, biosurgery, electrophysiology and the Shockwave portfolio.
Sales in the United States increased 7.3 percent to 14.53 billion dollars, while international revenue rose 5.7 percent to 10.78 billion dollars.
On a GAAP basis, earnings per share were 2.27 dollars compared with 2.29 dollars a year earlier.
Johnson & Johnson generated approximately 8.7 billion dollars in free cash flow during the year to date, highlighting the company’s continued ability to support investment, dividends and shareholder returns.
Despite the earnings beat and higher guidance, the stock edged lower in premarket trading as investors assessed the results following recent gains in the shares.
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This article was written by the editorial team at InvestorsHub/ADVFN and is provided for informational purposes only. In some cases, editorial staff may use artificial intelligence–based tools to assist in the research, drafting, or editing of content, under human review and oversight. This article does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. The views expressed are based on publicly available information believed to be reliable at the time of publication, but accuracy or completeness is not guaranteed. Readers should conduct their own independent research and consult a qualified financial professional before making any investment decisions.
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Johnson & Johnson tops second-quarter forecasts and lifts guidance despite premarket decline (JNJ)
Johnson & Johnson (NYSE:JNJ) reported stronger-than-expected second-quart...