Earnings Season| JNJ 1Q raises FY guidance and increases quarterly dividend

DividendWave
2023-04-19

$Johnson & Johnson(JNJ)$ JNJ 1Q raises FY guidance and increases quarterly dividend

Revenue +5.6% Net Income/EPS (negative due 1 time charge)

Adj. Net Income -0.9%

Adj. EPS +0.4% Increases dividend by 5.3%

FY23 Guidance

Reported sales FROM $97.4 B to $98.4 B

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JNJ 5.3% quarterly dividend increase from $1.13 per share to $1.19 per share

JNJ best performing segment The spin-off one :-)

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The adj income and EPS seemed low to me. Need the 10-Q

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