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Paramus, New Jersey-based watchmaker $MOV posted 4Q16 net income of $7.9MM or $0.34 per diluted share, compared to net income of $10.1MM or $0.40 per diluted share in 4Q15. Net sales rose 7% YoverY to $143.3MM. Excluding $1.3MM of expenses, net of tax, related to operating efficiency initiatives and other items, adjusted diluted EPS was $0.40.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.