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Johnson & Johnson (JNJ) Exceeds First-quarter Earnings Projections
Johnson & Johnson (JNJ) surpassed its first-quarter earnings forecasts, reporting revenue of $24.1 billion and adjusted earnings per share of $2.70. This success was driven by strong sales of Darzalex and Tremfya, which offset a decline in Stelara sales due to patent expiration. The company also raised its full-year sales and EPS guidance.