J&J exceeds estimates to send shares higher

26 January 2021

Johnson & Johnson (NYSE: JNJ) was 3% higher after Tuesday morning’s trading in New York.

The US healthcare conglomerate presented its fourth quarter and full-year 2020 financial results that morning.

"J&J was built for times like these"Revenue for the quarter was $22.48 billion, up 8% on the same period in 2019 and ahead of analysts’ estimates for $21.67 billion.

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