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Strategy

Johnson & Johnson Raises Its Outlook, but MedTech Misses Expectations Again

Pharmaceutical growth supported a modest guidance increase, while medical-device sales of $8.64 billion fell short of Wall Street expectations for a second consecutive quarter.

AF

By Anna Ferreira

Oct 18, 2026 · 5 min read

Johnson & Johnson raised its full-year sales and earnings outlook after third-quarter revenue topped expectations, but a second consecutive shortfall in its medical-device business exposed a widening performance gap inside the health-care company.

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AF

Anna Ferreira

Senior Correspondent, Corporate Strategy

Anna Ferreira writes for Corporate Insider Inc.

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