Johnson & Johnson Tops Q2 Estimates, Lifts Outlook for Sales and Profit
1. JNJ raised its full-year sales forecast to $93.2-$93.6 billion. 2. Adjusted EPS for the year now projected at $10.80-$10.90. 3. Second quarter earnings and sales beat analysts' expectations. 4. CEO Duato anticipates growth driven by upcoming product approvals. 5. Tariff costs projected at $400 million may impact future profitability.