J&J jumps as results beat forecasts

17 July 2024

Shares in US healthcare giant Johnson & Johnson (NYSE: JNJ) jumped by 3% during Wednesday morning’s trading on strong financials.

The New Jersey-based company earlier presented its second-quarter 2024 financial results and forecasts for the rest of 2024.

Sales grew by 4.3% during the quarter, reaching $22.45 billion, surpassing the consensus estimate of $22.3 billion, according to LSEG data.

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