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Johnson & Johnson (JNJ) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
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Johnson & Johnson (JNJ - Free Report) reported $23.71 billion in revenue for the quarter ended December 2022, representing a year-over-year decline of 4.4%. EPS of $2.35 for the same period compares to $2.13 a year ago.
The reported revenue represents a surprise of -0.22% over the Zacks Consensus Estimate of $23.76 billion. With the consensus EPS estimate being $2.22, the EPS surprise was +5.86%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Johnson & Johnson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Organic Sales Growth: 0.9% versus the three-analyst average estimate of 6.07%
Sales-Pharmaceutical-INVOKANA / INVOKAMET-WW: $91 million compared to the $96.66 million average estimate based on four analysts. The reported number represents a change of -24.2% year over year.
Sales-US: $12.52 billion versus $12.63 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +2.9% change.
Sales-International: $11.19 billion compared to the $11.12 billion average estimate based on four analysts. The reported number represents a change of -11.5% year over year.
Pharmaceutical Segment -Oncology -DARZALEX- WW: $2.08 billion versus $2.07 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +26.6% change.
Sales-Med Devices & Diagnostics (MedTech): $6.78 billion versus $6.97 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -1.2% change.
Sales-Pharmaceutical: $13.16 billion compared to the $13.04 billion average estimate based on five analysts. The reported number represents a change of -7.9% year over year.
Sales-Consumer Health: $3.77 billion versus $3.73 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3% change.
Sales-Med Devices & Diagnostics-WW-SPINE & OTHER: $699 million versus $703.83 million estimated by four analysts on average.
Sales-Med Devices & Diagnostics-WW-Advanced Surgery: $1.11 billion versus the four-analyst average estimate of $1.19 billion.
Sales-Med Devices & Diagnostics-Total Surgery: $2.38 billion versus the four-analyst average estimate of $2.50 billion.
Sales-Med Devices & Diagnostics-WW-TRAUMA: $710 million versus $734.36 million estimated by four analysts on average.
Shares of Johnson & Johnson have returned -5.2% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Johnson & Johnson (JNJ) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Johnson & Johnson (JNJ - Free Report) reported $23.71 billion in revenue for the quarter ended December 2022, representing a year-over-year decline of 4.4%. EPS of $2.35 for the same period compares to $2.13 a year ago.
The reported revenue represents a surprise of -0.22% over the Zacks Consensus Estimate of $23.76 billion. With the consensus EPS estimate being $2.22, the EPS surprise was +5.86%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Johnson & Johnson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Johnson & Johnson here>>>
Shares of Johnson & Johnson have returned -5.2% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.