Movers: J&J, Travelers, Hasbro, Lockheed Martin
- Apr 19, 2022
- Barry Adams
Johnson & Johnson fell short of market expectations but Hasbro gained after the toymaker met revenues expectations.
Johnson & Johnson said first-quarter revenues rose 5% from a year ago, below the market expectations, but earnings declined 17% to $1.93 a share, above the market estimate.
Travelers fell 3% after the financial services company said quarterly revenues increased 45% to $4.15 a share.
Lockheed Martin declined 1% after the defense contractor said quarterly revenues declined 8% to $15 billion and reaffirmed 2022 cash flow outlook of $6 billion.
Hasbro gained 4% after the toy maker said revenues rose 4% to $1.2 billion but earnings plunged 47% to $61.2 million.
|Johnson & Johnson||JNJ||-4%||9%||8%|
|Trevi Therapeutics Inc.||TRV||0%||0%||0%|
|The Travelers Companies Inc||TRV||10%||11%||0%|
|Lockheed Martin Corporation||LMT||22%||0%||-8%|