Johnson & Johnson

JNJ: XNYS (USA)
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Johnson and Johnson Earnings: A Solid Third Quarter, and Orthopaedics Separation Makes Sense

Johnson & Johnson reported third-quarter results slightly ahead of consensus, inching up full-year guidance for reported revenue growth by 30 basis points to 5.7% at the midpoint while maintaining earnings growth guidance. Management intends to separate its orthopaedics business within two years.

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