Johnson & Johnson Q3 2023 Earnings Call Summary - Thomson StreetEvents

Johnson & Johnson Q3 2023 Earnings Call Summary

Johnson & Johnson Q3 2023 Earnings Call Summary - Thomson StreetEvents
Johnson & Johnson Q3 2023 Earnings Call Summary
Published Oct 17, 2023
18 pages (10449 words) — Published Oct 17, 2023
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Abstract:

Edited Brief of JNJ.N earnings conference call or presentation 17-Oct-23 12:30pm GMT

  
Brief Excerpt:

...A. Worldwide sales were $21.4 billion for the third quarter of 2023, an increase of 6.8% versus the third quarter of 2022. B. Operational sales growth, which excludes the effect of translational currency, increased 6.4% as currency had a positive impact of 0.4 points. C. In the U.S., sales increased 11.1%. D. In regions outside the U.S., our reported growth was 1.6%. E. Operational sales growth outside the U.S. was 0.7%, with currency positively impacting our reported OUS results by 0.9 points. F. It is important to note that operational sales in Europe were negatively impacted by the COVID-19 vaccine and loss of exclusivity of ZYTIGA. G. Excluding the net impact of acquisitions and divestitures, adjusted operational sales growth was 4.9% worldwide, 8.9% in the U.S. and 0.3% outside the U.S. H. For the quarter, net earnings were $4.3 billion, and diluted earnings per share was $1.69 versus diluted earnings per share of $1.62 a year ago. I. Excluding after-tax intangible asset amortization...

  
Report Type:

Brief

Source:
Company:
Johnson
Ticker
JNJ.N
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Johnson & Johnson Q3 2023 Earnings Call Summary" Oct 17, 2023. Alacra Store. May 18, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Johnson-Johnson-Earnings-Call-B15635301>
  
APA:
Thomson StreetEvents. (2023). Johnson & Johnson Q3 2023 Earnings Call Summary Oct 17, 2023. New York, NY: Alacra Store. Retrieved May 18, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Johnson-Johnson-Earnings-Call-B15635301>
  
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