Click here to find out! Its shares were off about 1.7 percent at $149.20 as of 10:07 a.m. “Any vaccine news, both positive or negative, will outweigh an earnings report as the pandemic overshadows all facets of this economy,” said Anthony Denier, CEO of Webull, an online trading platform. Johnson & Johnson reported stronger than expected quarterly profits Tuesday, but the stock fell nonetheless after the drugmaker temporarily halted a crucial late-stage study of its coronavirus vaccine. Dow Jones Giant Merck Inks A New Deal In Lung Cancer — And Shares Pop, Covid Report: Moderna Briefly Breaks Out On 'Robust' Coronavirus Vaccine, Want To Get Quick Profits And Avoid Big Losses?

By creating an account, you agree to theTerms of Service and acknowledge our Privacy Policy. Both numbers beat Wall Street’s estimates for sales of about $20.2 billion and adjusted earnings of roughly $1.98 per share, according to Bloomberg data. A vaccine is coming. AstraZeneca’s share price similarly dropped more than 3 percent to $53.07 in the two days after it put its trial on hold in September.


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Thank you for subscribing! With 58 consecutive years of dividend increases, it earned its Dividend Aristocrat status fair and square.

Johnson & Johnson reported stronger than expected quarterly profits Tuesday, but the stock fell nonetheless after the drugmaker temporarily halted a crucial late-stage study of its … Hunter Biden emails, pics reveal wild life, pained soul, © 2020 NYP Holdings, Inc. All Rights Reserved, Here's when Dr. Fauci predicts a COVID-19 vaccine could be available, Johnson & Johnson pauses vaccine study over participant illness, Johnson & Johnson settles baby powder lawsuits for $100M, COVID-19 vaccine: When it could be ready, and who is leading the race, temporarily halted a crucial late-stage study, Dueling town halls: Experts grade President Trump and Joe Biden, Piglets try to suckle from kitten in cute video, 'DWTS:' We turned down Taryn Manning, not the other way around. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. Jim Cramer shares stock market news about buying Johnson & Johnson vaccine trial pause, Disney's reorganization, and banks' earnings. Eli Lilly Pauses Covid-19 Treatment Clinical Trials Over Safety Concerns, Novavax Sets Up Team To Explore A Combination Covid-19/Flu Vaccine Post-Pandemic, Johnson & Johnson Pauses Covid-19 Vaccine Tests; Raises Earnings Guidance, Stocks Near Session Lows In Late Trade As Earnings, Apple Fail To Ignite Market, Stocks Mixed But This Dow Jones Stock Rises; Two Chip Stocks Break Out, Dow Jones Trims Losses As Disney Rallies; Coronavirus Stocks On The Move, Dow Jones Falls 100 Points On Coronavirus Vaccine News; Apple Slides Ahead Of New iPhone Debut.

More precisely, over the last three years, EPS increased by an average of 8% with a 4% increase in revenue. Privacy Notice Good morning, and … Try SwingTrader, Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks, Coronavirus Stock Market Crash Survival Guide. 61,794, This story has been shared 53,594 times. Get these newsletters delivered to your inbox & more info about our products & services.

But on today's stock market, JNJ stock slipped 0.7% to close at 149.25.

It also exceeded Forbes estimates of $1.99 per share on a revenue of $20.40 billion.

Johnson & Johnson (JNJ) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $1.99 per share. Don't have a Benzinga account? So what? The information and content are subject to change without notice. We've received your submission. For the year, Johnson & Johnson now sees adjusted earnings of $7.75-$7.95 per share, up slightly from prior forecasts for $7.50-$7.90. See the latest quarterly sales and earnings from Johnson & Johnson, as well as historical results covering the past ten years. Still, the stock slid as much as 2.6 percent as investors focused instead on the company’s news that it has paused a Phase 3 trial of its COVID-19 vaccine because of an “unexplained illness” in one of the participants. Hear David Barse share his thoughts on a unique investment strategy—identify the losers first. But the stock has since bounced back and traded as high as $55.15 Tuesday morning. Sitemap Realtime quote and/or trade prices are not sourced from all markets. Read or listen to the conference call. Investor FAQs. This story has been shared 299,095 times. This story has been shared 299,095 times.

Do Not Sell My Personal Information, Your California Privacy Rights Our big webinar sale is here: Get 2 months of IBD Digital for $12 or get 2 weeks of IBD Live free! Although Johnson & Johnson (NYSE: JNJ) reported third-quarter earnings and revenue that beat Wall Street's expectations, it also revealed that it would pause its COVID-19 vaccine trial over … It was quite a shock as both earnings and revenue grew over the recent years.

But that still beat forecasts for $17.57 billion in sales. Its share price fell 1.5% on Tuesday, to $149.55 per share. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities.

Which Stock Index Turned $10,000 Into $70,570? Analysts projected $80.29 billion in sales. Commentary from J&J regarding the coronavirus pandemic will be key for the broad group of health care companies, he said. RSS News Feeds. Authors may own the stocks they discuss. (It Wasn't The Dow), Fast-Growing Stocks: See 23 Companies Expecting Up To 1,433% Earnings Growth In Q3.

The company might not deliver jaw-dropping earnings growth over the next few years but it has all that it takes to generate solid single-digit-percentage earnings growth and maybe even save lives and the global economy with its vaccine along the way. © 2000-2020 Investor's Business Daily, Inc. All rights reserved. Eli Lilly announced an agreement to acquire privately held Disarm... Get instant access to exclusive stock lists, expert market analysis and powerful tools with 5 weeks of IBD Digital for only $5! Privacy Policy & Terms of Use. 299,095, This story has been shared 78,548 times.


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