By Matt Grossman

 

Johnson & Johnson Tuesday lifted its full-year adjusted-earnings guidance after posting revenue and earnings growth in the latest quarter.

The New Brunswick, N.J.-based company said it now expects adjusted earnings per share of $9.77 to $9.82. In July, it forecast adjusted earnings per share of $9.60 to $9.70.

Analysts polled by FactSet had been forecasting full-year earnings of $9.71 a share.

Shares of Johnson & Johnson climbed 1.6% in premarket trading.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

October 19, 2021 06:58 ET (10:58 GMT)

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