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:
And I’m sure I’m missing a few.
OK, permabulls, time to start spinning!