Health Care

Intuitive Surgical (NASDAQ:ISRG) Q2 Non-GAAP Earnings, Revenue Advance

Intuitive Surgical (NASDAQ:ISRG) reported Q2 non-GAAP earnings of $1.42 per diluted share, up from $1.14 a year earlier. Analysts polled by Capital IQ expected $1.33. Revenue for the quarter ended June 30 was $1.76 billion, up from $1.52 billion a year earlier. Analysts surveyed by Capital IQ expected $1.74 billion.

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Abbott Laboratories (NYSE:ABT) Q2 Adjusted Earnings, Net Sales Fall; Reaffirms 2023 Adjusted EPS Outlook

Abbott Laboratories (NYSE:ABT) reported Q2 adjusted earnings Thursday of $1.08 per diluted share, down from $1.43 a year earlier. Analysts polled by Capital IQ expected adjusted EPS of $1.05. Net sales for the quarter ended June 30 were $9.98 billion, down from $11.26 billion a year earlier. Analysts surveyed by Capital IQ expected $9.72 billion. For the full-year 2023, the company reaffirmed its adjusted EPS guidance of $4.30 to $4.50. Analysts surveyed by Capital IQ expect $4.40.

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Johnson & Johnson (NYSE:JNJ) Fiscal Q2 Adjusted Earnings, Sales Increase; Boosts Fiscal 2023 Guidance

Johnson & Johnson (NYSE:JNJ) reported fiscal Q2 adjusted earnings  of $2.80 per diluted share, up from $2.59 a year earlier. Analysts polled by Capital IQ expected $2.62. Sales for the quarter ended July 2 were $25.53 billion, up from $24.02 billion a year earlier. Analysts surveyed by Capital IQ expected $24.67 billion. Johnson & Johnson (NYSE:JNJ) said it now expects fiscal 2023 adjusted earnings of $10.70 to $10.80 per diluted share, compared with its prior guidance of $10.60 to $10.70 per diluted share. Analysts polled by Capital IQ are looking for $10.65. Sales for the fiscal year are now projected to be $98.8 billion to $99.8 billion, compared with $97.9 billion to $98.9 billion previously, the company said. Analysts surveyed by Capital IQ are expecting $98.91 billion.

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