Core Viewpoint - Johnson & Johnson reported solid earnings, beating expectations on both revenue and earnings, while providing better-than-expected guidance despite acknowledging a potential $400 million tariff impact on its medical device business [2][3][4]. Financial Performance - The company’s stock price is currently at $153.66, with a P/E ratio of 23.11 and a dividend yield of 3.23% [2]. - J&J's MedTech division experienced a year-over-year revenue growth of approximately 4.3%, with forecasts of 5-7% annual growth [10]. Tariff Impact - The anticipated $400 million tariff hit is viewed as a worst-case scenario, with ongoing uncertainty regarding future policy moves [4][5]. - The company is currently affected by existing steel and aluminum tariffs, with potential additional tariffs on pharmaceuticals once exemptions are lifted [5]. Innovative Medicine Developments - Johnson & Johnson is a leader in precision medicine, with significant advancements in gene therapy, particularly with the approval of the Rybrevant drug for non-small-cell lung cancer [7][8]. - The long-term potential of Rybrevant is highlighted, especially following the expiration of the patent for its blockbuster drug Stelara [8]. Litigation Issues - Ongoing litigation related to talc products remains a concern, with the company’s attempt to separate these liabilities into a different entity being rejected by courts [11]. - This litigation adds uncertainty for shareholders, as the company must continue to navigate these legal challenges [11]. Dividend and Investment Outlook - Johnson & Johnson has a strong dividend history, recently increasing its dividend for the 63rd consecutive year, with an annual dividend of $4.96 [12][13]. - Analysts suggest a potential upside of approximately 11% for the stock, making it a candidate for a buy-and-hold strategy, especially given its current trading position within its 52-week range [14].

报名：首届全球眼科大会 | 参会须知 报名：首届全球骨科大会 | 议程更新 报名：首届全球心血管大会 | 奖项申报 合作伙伴征集：2025全球手术机器人大会 2025年4月15日， 强生 Johnson & Johnson (NYSE: JNJ) 受第一季度业绩和关税影响， 股价略有下跌。15日 下午的交易中，强生股价下跌近 1%，至 每股 153.21 美元。 在公司第一季度财报电话会议上，首席财务官Joseph Wolk 首次向 CNBC 概述此次关税成本预计达到4亿美元（约合30亿人民币），并解释了特朗普政府 关税政策对公司可能产生哪些影响。 # 财报亮点 | | | Q1 | | | --- | --- | --- | --- | | ($ in Millions, except EPS) | 2025 | 2024 | % Change | | Reported Sales | $21,893 | $21,383 | 2.4% | | Net Earnings | $10,999 | $3,255 | 237.9% | | EPS (diluted) | $4.54 | $1.34 | 238.8% ...

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Slide footer goes here if required 1 1st Quarter 2025 Earnings Call April 15, 2025 Cautionary note on Forward-looking statements This presentation contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things: future operating and financial performance, product development, and market position and business strategy. The viewer is cautioned not to rely on these forward-looking statements. These statements are based on current expectatio ...

Core Insights - Johnson & Johnson (J&J) reported first-quarter 2025 earnings of $2.77 per share, exceeding the Zacks Consensus Estimate of $2.57, with a year-over-year increase of 2.2% [1] - Total sales reached $21.89 billion, slightly above the Zacks Consensus Estimate of $21.62 billion, reflecting a 2.4% increase from the previous year [2] - The Innovative Medicines segment showed strong performance, while the MedTech segment missed sales estimates [4][15] Financial Performance - Adjusted earnings, excluding special items, were reported at $4.54 per share, a significant increase of 238.8% year over year [1] - Domestic sales rose 5.9% to $12.3 billion, while international sales declined 1.8% to $9.59 billion [3] - The company raised its 2025 sales guidance to a range of $91.0 billion to $91.8 billion, reflecting an increase from the previous range of $89.2 billion to $90.0 billion [17] Segment Performance - Innovative Medicines segment sales increased by 2.3% year over year to $13.87 billion, outperforming the Zacks Consensus Estimate of $13.46 billion [5] - Key products driving growth included Darzalex, Tremfya, and Erleada, while Stelara sales declined by 33.7% due to biosimilar competition [6][8] - MedTech segment sales were reported at $8.02 billion, up 2.5% year over year, but missed estimates [15] Market Dynamics - The decline in Stelara sales was attributed to the launch of biosimilars, with competition expected to increase in 2025 [9] - The MedTech business faced challenges in the Asia Pacific region, particularly in China, due to government cost containment efforts [16] - J&J's stock has seen a 7.6% increase year-to-date, contrasting with a 6.0% decrease in the industry [22] Future Outlook - The company anticipates growth in the Innovative Medicines segment driven by key products and new drug launches [23] - Despite the positive outlook, challenges such as the Stelara patent cliff and ongoing legal issues related to talc lawsuits may pose significant headwinds [24]

Johnson & Johnson (JNJ) reported $21.89 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 2.4%. EPS of $2.77 for the same period compares to $2.71 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $21.62 billion, representing a surprise of +1.26%. The company delivered an EPS surprise of +7.78%, with the consensus EPS estimate being $2.57.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Johnson & Johnson (JNJ) Q1 2025 Earnings Call April 15, 2025 08:30 AM ET Company Participants Jessica Moore - VP, IRJoaquin Duato - CEO & ChairmanJohn Reed - Executive Vice President of Innovative Medicine, R&DJoseph Wolk - EVP & CFOChris Schott - Managing DirectorJennifer Taubert - Executive VP & Worldwide Chairman of Innovative MedicineTim Schmid - Executive VP & Worldwide Chairman of MedTechJoanne Wuensch. - Managing DirectorVamil Divan - Managing Director Conference Call Participants Lawrence Biegelsen ...

Johnson & Johnson (JNJ) came out with quarterly earnings of $2.77 per share, beating the Zacks Consensus Estimate of $2.57 per share. This compares to earnings of $2.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.78%. A quarter ago, it was expected that this world's biggest maker of health care products would post earnings of $2 per share when it actually produced earnings of $2.04, delivering a surprise of 2%.Over the l ...

Financial Data and Key Metrics Changes - In Q1 2025, Johnson & Johnson reported worldwide sales of $21.9 billion, reflecting a 4.2% increase year-over-year despite a 470 basis point headwind from Stellara [36][37] - Net earnings for the quarter were $11 billion, with diluted earnings per share at $4.54, significantly up from $1.34 a year ago, primarily due to the reversal of a $7 billion talc settlement proposal [38][39] - Adjusted net earnings were $6.7 billion, with adjusted diluted earnings per share at $2.77, representing increases of 1.9% and 2.2% respectively compared to Q1 2024 [38][39] Business Line Data and Key Metrics Changes - Innovative Medicine achieved worldwide sales of $13.9 billion, up 4.2%, with U.S. growth at 6.3% and international growth at 1.5% [40] - Oncology products like Darzalex grew by 22.5%, while Carvicti saw over 100% growth, achieving sales of $369 million [40][41] - MedTech reported worldwide sales of $8 billion, a 4.1% increase, with U.S. growth at 5.1% and international growth at 3% [46] Market Data and Key Metrics Changes - U.S. sales growth was 5.9%, while international sales growth was 2.1%, positively impacted by acquisitions and divestitures [37] - The MedTech segment faced challenges due to one-time events and competitive pressures, particularly in orthopedics, which declined by 3.1% [50][46] Company Strategy and Development Direction - The company plans to invest over $55 billion in the U.S. over the next four years to enhance manufacturing and R&D capabilities [19][20] - Johnson & Johnson aims to exit non-strategic product lines and optimize select sites to improve growth and profitability, with a restructuring program expected to be completed by 2027 [60][61] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow despite challenges from Stellara biosimilars and Part D redesign, highlighting a 4.2% growth across Innovative Medicine [10][102] - The company anticipates higher growth in the second half of 2025, driven by new product launches and a strong pipeline [66][71] Other Important Information - The company announced a 4.8% increase in dividends, marking the 63rd consecutive year of dividend increases [22][64] - Johnson & Johnson reversed a $7 billion reserve related to the talc settlement, which is expected to positively impact capital allocation priorities [65] Q&A Session Summary Question: Impact of tariffs on guidance - Management explained that the $400 million in tariffs primarily affects MedTech and includes various tariffs from Mexico, Canada, and China, with limited price leverage available to mitigate these costs [82][86] Question: Gross margins in the quarter - Management noted that gross margins were impacted by Stellara's decline and Part D redesign, with expectations for improvement moving forward [93][96] Question: Stellara biosimilar erosion - Management confirmed that the impact of Stellara biosimilars was in line with expectations, with overall business growth remaining strong despite this headwind [99][102] Question: Recession impact on business - Management indicated that healthcare has proven to be more recession-proof than other industries, with a focus on monitoring job reports as a precursor to healthcare demand [110][112] Question: Section 232 potential pharma tariffs - Management is analyzing the potential impact of Section 232 tariffs and emphasized the importance of partnering with the administration to mitigate vulnerabilities in the healthcare supply chain [117][120]