Johnson & Johnson reported a third-quarter profit that exceeded Street estimates, with earnings totaling $4.46 billion or $1.68 per share, compared to $3.67 billion or $1.37 per share last year. Adjusted earnings were $6.78 billion or $2.55 per share, beating analysts’ average expectation of $2.48 per share. The company’s revenue for the quarter increased by 1.9% to $23.79 billion. Full-year EPS guidance is set at $10.02 to $10.07.

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