Higher sales helped Johnson & Johnson post a much bigger fourth-quarter profit than a year ago, when a slew of charges depressed results. However, the company's 2013 profit forecast, for $5.35 to $5.45 per share, came up short of the average analyst estimate of $5.49.
January 22, 2013 at 12:00 AM
1 minute read
Higher sales helped Johnson & Johnson post a much bigger fourth-quarter profit than a year ago, when a slew of charges depressed results.
However, the company’s 2013 profit forecast, for $5.35 to $5.45 per share, came up short of the average analyst estimate of $5.49.
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