Johnson & Johnson Posts Mixed Earnings, Shifts Full-Year Guidance

Key TakeawaysJohnson & Johnson on Wednesday reported second-quarter earnings with sales topping estimates.However, profits fell short of projections thanks to one-time costs like legal fees and asset amortization.The company lifted its full-year sales guidance, while also lowering profit estimates. Johnson & Johnson (JNJ) reported mixed second-quarter results Wednesday, as one-time costs caused the company to miss profit estimates despite better-than-expected sales. Sales of the company's pharmaceuticals an ...