Earnings release
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Johnson & Johnson FOR IMMEDIATE RELEASE • • • JOHNSON & JOHNSON REPORTS 2021 FIRST - QUARTER RESULTS : 2021 First Quarter Sales of $ 22.3 Billion reflecting strong growth of 7.9 % , operational growth of 5.5 % * and adjusted operational growth of 6.0 % * 2021 First Quarter EPS of $ 2.32 increased 6.9 % ; adjusted EPS of $ 2.59 increased 12.6 % * Company increased 2021 Full - Year guidance for adjusted operational sales growth to 9.3 % * and adjusted operational EPS growth to 16.8 % * at the midpoint New Brunswick , N.J. ( April 20 , 2021 ) - Johnson & Johnson ( NYSE : JNJ ) today announced results for first - quarter . " Johnson & Johnson delivered a strong first quarter performance led by the above market growth of our Pharmaceutical business and continued recovery in Medical Devices , " said Alex Gorsky , Chairman and Chief Executive Officer . " The ability to deliver these results while simultaneously advancing our robust pipeline of life- enhancing medicines , products and solutions during these times is a testament to the strength and resilience of our business and the dedication of the 135,000 employees of Johnson & Johnson who strive every day to profoundly change the trajectory of health for humanity and make healthier communities for everyone , everywhere . " OVERALL FINANCIAL RESULTS : ( $ in Millions , except EPS ) FIRST QUARTER 2021 2020 % Change Reported Sales Net Earnings EPS ( diluted ) Non - GAAP * ( $ in Millions , except EPS ) $ 22,321 $ 20,691 7.9 % 6,197 5,796 6.9 $ 2.32 $ 2.17 6.9 % FIRST QUARTER 2021 2020 % Change Operational Sales 1,2 Adjusted Operational Sales 1,3 5.5 % 6.0 1,4 Adjusted Net Earnings 6,924 6,154 12.5 Adjusted EPS ( diluted ) 1,4 $ 2.59 $ 2.30 12.6 % 1 Non - GAAP financial measure ; refer to reconciliations of non - GAAP financial measures included in accompanying schedules 2 Excludes the impact of translational currency 3 Excludes the net impact of acquisitions and divestitures and translational currency 4 Excludes intangible amortization expense and special items REGIONAL SALES RESULTS :