Johnson & Johnson reported poor results

Johnson & Johnson announced that its fourth-quarter profit increased to 2.86 billion USD, 1.03 USD per share from the 2.85 billion USD and 1.02 USD per share profit value of the same period of of the previous year.

Analysts expected 1.03 USD per share profit value, beside the 16.02 billion USD revenue. However, the sales  of the company, dropped to  15.64 billion USD, compared to the 16.55 billion USD of the same period of the previous year – reports ProfitLine.hu.