Johnson & Johnson: EPS up to $2.20 in Q1
Excluding the COVID-19 vaccine, Q1 2024 earnings per share (EPS) rose to $2.20 and adjusted EPS increased to $2.71, or 12.4%.
' Johnson & Johnson's strong first-quarter performance reflects our increased focus and progress in our portfolio and pipeline, ' said Joaquin Duato, Group President.
' Our impact across the healthcare spectrum is unique in our industry, and the milestones achieved this quarter reinforce our position as an innovation powerhouse. '
For 2024, J&J says it is now targeting sales growth of 5.5% to 6%, with earnings per share (EPS) expected between $10.60 and $10.75, taking into account the dilutive effect of the Laminar acquisition.
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