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JNJ Johnson & Johnson

Q1'24 · Reported 2024-04-16

Headline Verdict

BEATby +2.3%

EPS $2.71 vs $2.65 estimated

Market Reaction:DIP-2.1%
DISCONNECT — Beat earnings but stock dropped

EPS & Revenue

Reported EPS

$2.71

Estimated EPS

$2.65

Surprise

+2.3%

Revenue

$21.4B

EPS YoY

+1.1%

Revenue YoY

+2.3%

Market Reaction

Day Of

-2.1%

Dip

Next Day

-1.9%

Flat

5-Day

+1.3%

Flat

Close Before

$147.59

Close After

$144.45

Streak & Context

Beat Streak

+33 Q

Beat / Miss

BEAT

Macro Environment

Fed Rate

5.33%

CPI

313.548

Unemployment

3.9%

10Y Treasury

4.54%

2Y Treasury

4.87%