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News Breaks
January 31, 2013
09:39 EDTMJNMead Johnson says sees solid sales, earnings growth in 2013
Sees EBIT margins similar to 2012. Comments made on the Q4 earnings conference call.
News For MJN From The Last 14 Days
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April 24, 2014
07:04 EDTMJNMead Johnson raises FY14 EPS view to $3.60-$3.72 from $3.50-$3.62
Consensus $3.62. In the first quarter of 2014, MJN adopted mark-to-market accounting for all of its defined benefit pension and other post-employment benefit plans. Of the expected 10c increase in earnings per share, approximately two-thirds is attributed to the New Pension Accounting with the remainder the result of stronger anticipated operational performance. To provide a better view of underlying operational performance, pension MTM actuarial gains or losses will be treated as a Specified Item. The company now anticipates constant dollar sales growth of approximately 8% for the full year 2014, up from 7% in its prior guidance, consensus $4.44B.
07:02 EDTMJNMead Johnson reports Q1 EPS $1.02, consensus 91c
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April 16, 2014
13:54 EDTMJNDanone slips after fresh dairy volume shrinks
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