– The medical-device and drug maker reported adjusted quarterly earnings of $2.20 per share, beating the consensus estimate of $1.98, with revenue also coming in above consensus. Johnson & Johnson said a faster-than-expected recovery in procedures using its medical devices was among the positive factors during the quarter, in addition to higher demand for its cancer drugs.
m. ET. – The bank reported a third-quarter profit of $2.92 per share, compared to a consensus estimate of $2.23, with revenue also above forecasts. JPMorgan Chase also set aside $611 million for possible credit losses during the quarter, less than what Wall Street analysts had predicted. JPMorgan shares added 1.6% in premarket trading as of 7:30 a.m. ET. – Disney announced a reorganization that will prioritize the delivery of streaming video content.
ZekeEmanuel is a Communist trying to turn the US into a socialist society. PS he's also a billionaire. 🤔 DontTellChina He was the Chief of the ACA. DemocratsAreCommunist
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