Johnson & Johnson beat quarterly profit estimates on Tuesday and raised its adju...
FILE PHOTO: A Johnson & Johnson building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo
The company said it expects adjusted operational sales for the year to rise between 2.5 percent and 3.5 percent, compared with its previous forecast of a 2 percent to 3 percent rise.J&J’s pharmaceuticals unit, which has been the primary growth driver in recent years, was again a bright spot for the company, accounting for a little more than half of its total revenue in the first quarter.
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