Johnson & Johnson (JNJ) Reports Impressive Operational Sales Growth in Q2 2024

Wednesday, 17 July 2024, 10:41

In the second quarter of 2024, Johnson & Johnson (NYSE: JNJ) achieved a notable increase in reported sales by 4.3% year-over-year, reaching $22.4 billion. Operational sales growth outperformed at 6.6%. Despite a decline in net income and earnings per share, the adjusted EPS showed a positive trend with a rise of 10.2%. Johnson & Johnson exceeded revenue and earnings expectations in Q2 2024, indicating a strong financial performance amidst market challenges.
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Johnson & Johnson (JNJ) Reports Impressive Operational Sales Growth in Q2 2024

Johnson & Johnson (JNJ) - Q2 2024 Earnings Report

Johnson & Johnson (NYSE: JNJ) released its financial results for the second quarter of 2024, highlighting significant shifts in key financial metrics.

Key Highlights:

  • Reported Sales: Increased by 4.3% year-over-year to $22.4 billion
  • Operational Sales Growth: Impressive at 6.6%
  • Net Income: Declined by 12.8% to $4.6 billion
  • EPS: Dropped 5.9% to $1.93
  • Adjusted EPS: Rose by 10.2% to $2.82

The strong performance in adjusted EPS and surpassing of revenue and earnings estimates in Q2 2024 position Johnson & Johnson as a resilient player in the market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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