Johnson & Johnson Q4 Results Top Estimates; Sees FY18 Profit Above View
Johnson & Johnson (JNJ) reported a loss for the fourth quarter of 2017, compared to profit last year. It recorded special item charge of about $13.6 billion in the latest-quarter, related to recently enacted tax legislation. Quarterly sales increased 11.5%. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
Source: RTTNews