JNJ Earnings Preview

Published on Monday, 23 January 2012 12:40 Written by Christopher Lynn

New York, January 23rd (TradersHuddle.com) - Shares of Johnson and Johnson (NYSE:JNJ) are trading lower by -0.44% ahead of its quarterly earnings release. JNJ, the consumer health care products company maker of Tylenol and Sudafed is expected to release its quarterly results on January 24^th.

Wall Street Analysts consensus calls for a profit of $1.1 a share on $16.28 billion revenue.

JNJ estimates have a range of $0.12 a share. The high estimate calls for profit of $1.16 a share and the low estimate is calling for a profit of $1.04 a share, a year ago for the quarter the company reported $1.03 a share.

Johnson & Johnson (NYSE:JNJ) manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, Tylenol, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world. The consumer healthcare products company was founded in 1886 and is based in New Brunswick, NJ.

Other companies on the watch on this earnings event are Pfizer, Inc. NYSE:PFE and Abbott Laboratories NYSE:ABT.