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Mar 31, 2020
Johnson & Johnson Q1 2020 Earnings Report
Johnson & Johnson reported strong growth in sales and EPS despite the negative impact of the COVID-19 pandemic.
Key Takeaways
Johnson & Johnson reported a strong first quarter with sales of $20.7 billion, reflecting a 3.3% increase. EPS increased by 56.1% to $2.17, and adjusted EPS increased by 9.5% to $2.30. The company also announced a 6.3% increase in the quarterly dividend.
Sales reached $20.7 billion, with a growth of 3.3%.
EPS increased 56.1% to $2.17.
Adjusted EPS increased 9.5% to $2.30.
Quarterly dividend increased by 6.3%.
Johnson & Johnson
Johnson & Johnson
Forward Guidance
Johnson & Johnson lowered its 2020 guidance to reflect the impact of COVID-19 and related investments.