"Johnson & Johnson's Q1 Earnings Surge on Strong Medical Device Sales, Talc Issues Loom"

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Source: Benzinga
"Johnson & Johnson's Q1 Earnings Surge on Strong Medical Device Sales, Talc Issues Loom"
Photo: Benzinga
TL;DR Summary

Johnson & Johnson reported first-quarter earnings that surpassed Wall Street estimates, with adjusted EPS of $2.71 and sales of $21.38 billion, driven by strong performance in its medical devices and innovative medicine segments. The company also raised its quarterly dividend and provided an upbeat outlook for fiscal year 2024.

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