Johnson & Johnson lowers 2026 profit forecast
JNJ•2026 profit forecast cut after acquisition and partnership
July 29 (Reuters) - Johnson & Johnson JNJ.N cut 2026 profit forecast on Wednesday, citing the combined financial impact of its newly completed acquisition of Firefly Bio and a strategic partnership with Sail Biomedicines.
The healthcare giant expects full-year adjusted earnings per share of $10.96 to $11.11, compared with its previous forecast of $11.60 to $11.75.
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