Johnson & Johnson (JNJ) is scheduled to report results for the third quarter of 2013 before the opening bell on Oct 15, 2013.
Last quarter, Johnson & Johnson posted a 5.71% positive surprise. We expect the company to beat expectations in the third quarter as well.
Our proven model shows that Johnson & Johnson is likely to beat earnings because it has the right combination of two key ingredients.
Positive Zacks ESP: The Expected Surprise Prediction or ESP (Earnings ESP) which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is +0.76%. This is meaningful and a leading indicator of a likely positive earnings surprise. Read more.
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