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Johnson & Johnson beat estimates for Q2 profit, revenue
London:Johnson & Johnson exceeded expectations in its second-quarter profit and revenue announced on Wednesday, propelled by robust sales of its drugs such as the cancer treatment Darzalex and the highly successful psoriasis drug Stelara.
The company reported revenue of $22.4 billion, surpassing the consensus estimate of $22.3 billion based on data from LSEG. Adjusted earnings per share were $2.82, which exceeded analysts' expectations of $2.70 per share
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751