Earnings

Covid and JNJ earnings Q4 2021

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The Janssen Johnson & Johnson COVID-19 vaccine.

Allen J. Schaben | Los Angeles Times | Getty Images

Johnson & Johnson on Tuesday projected that its Covid vaccine would generate $3 billion to $3.5 billion in sales in 2022, after posting a mixed fourth-quarter report that slightly beat on earnings estimates but missed on revenue.

Here’s how J&J performed compared with what Wall Street expected, based on analysts’ average estimates compiled by Refinitiv:

  • Adjusted EPS: $2.13, vs. $2.12 expected.
  • Revenue: $24.8 billion, vs. $25.29 billion expected

On an unadjusted basis, J&J’s fourth-quarter profit surged to $4.74 billion, almost triple the $1.74 billion it earned during the same quarter the…



Source cnbc.com

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