What's Powering Johnson & Johnson's Impressive Quarterly Earnings?
![What's Powering Johnson & Johnson's Impressive Quarterly Earnings? What's Powering Johnson & Johnson's Impressive Quarterly Earnings?](http://g.foolcdn.com/editorial/images/459715/earnings-2-gettyimages-480304834.jpg)
Johnson & Johnson (NYSE: JNJ) surprised investors with better-than-hoped-for top-line and bottom-line performance in the third quarter, and that news sent shares soaring on Tuesday. The company's revenue and profit growth were supported by acquisitions, but even after factoring out the positive impact of deals, the financial results were still impressive. Here's what's behind J&J's strong quarter and what the future may have in store for this Dividend Aristocrat.
Johnson & Johnson markets consumer goods, pharmaceuticals, and medical devices, and in the third quarter, sales in each of these segments were higher than Q3 2016.
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Source: Fool.com
Johnson & Johnson Stock
With 39 Buy predictions and 1 Sell predictions Johnson & Johnson is one of the favorites of our community.
As a result the target price of 194 € shows a positive potential of 30.55% compared to the current price of 148.6 € for Johnson & Johnson.