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Johnson & Johnson, Abbott Labs, and Philip Morris' Earnings: A Preview

  • July 20th, 2023
  • 338 views

On Thursday, July 20, three prominent companies are set to unveil their financial results:

Johnson & Johnson (NYSE: JNJ), a leading pharmaceutical and consumer goods company, will announce its second-quarter 2023 results before the market opens. 

Analysts are projecting an EPS of $2.62 on revenue of $24.63 billion. 

On Wednesday, $JNJ closed at $158.74, down $0.32 (-0.20%).

Abbott Laboratories (NYSE: ABT), a diversified healthcare company, will report its second-quarter 2023 financial results prior to the market opening. 

The consensus estimate expects an EPS of $1.05 on revenue of $9.7 billion. 

$ABT closed at $107.28 on Wednesday, reflecting a gain of $0.33 (+0.31%).

Philip Morris International Inc. (NYSE: PM), a leading tobacco company, will release its 2023 second-quarter and first-half results before the market opens. 

Analysts forecast an EPS of $1.47 on revenue of $8.65 billion. 

On Wednesday, $PM closed at $98.77, up $0.42 (+0.43%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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