Johnson & Johnson shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY23 guidance above the consensus estimates.
Portfolio Pulse from Benzinga Newsdesk
Johnson & Johnson reported better-than-expected Q2 financial results and raised its FY23 guidance above consensus estimates, leading to a rise in its share price.
July 20, 2023 | 2:41 pm
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Johnson & Johnson's Q2 results surpassed expectations and the company raised its FY23 guidance, causing its stock to trade higher.
Johnson & Johnson's better-than-expected Q2 results and raised FY23 guidance indicate strong financial performance, which is a positive signal to investors. This has led to an increase in the company's share price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100