Earnings Continue to Soften: J&J

Add Johnny John to the list of "company specific" shortfalls, as J&J reported their net rose 79% — but on lower taxes; It was the top line revenue that slid on soft drug sales. (Yes, the company specific remark was sarcasm)

Let’s review the list of revenue misses, earnings shortfalls, and lowered guidance:

Alcoa
Dupont
eBay
Apple
Yahoo
Intel
IBM
Citibank
GE
JNJ

And I’m sure I’m missing a few.

OK, permabulls, time to start spinning!

Category: Earnings

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Category: Commodities

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Category: Financial Press

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Category: Data Analysis

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Category: Markets

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