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Investor's Business Daily

Investor's Business Daily

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Business & Economics

Johnson & Johnson beats first-quarter sales and profit expectations

Investor's Business Daily
Summary
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Johnson & Johnson beat first-quarter sales and profit expectations.

The health care bellwether reported adjusted profit of $ 2.77 per share on $21.89 billion in sales.

The Dow Jones Industrial Average giant hiked its sales guidance for the year .

J&J stock fell nearly 2% to 151.48 in pre-market trades.