First Call Earnings Estimates

Fiscal Year ending: December 2010
Last Updated: March 14, 2010

Estimate Current Qtr
Mar 2010
Next Qtr
Jun 2010
Current Yr
Dec 2010
Next Yr
Dec 2011
Average Estimate 1.28 1.27 4.92 5.34
Number of Analysts 17 15 23 18
High Estimate 1.35 1.32 4.95 5.45
Low Estimate 1.22 1.24 4.90 5.21
Year Ago EPS 1.26 1.15 4.63 4.92
P/E on Calendar Year Mean     13.00 12.00
Report Date Apr 20, 2010    
Revisions Up Last 30 Days 2 1 0 0
Revisions Down Last 30 Days 2 1 3 3

5 Year Growth Rate: 6.50 %
Mean Recommendation: 2.00 (1=Strong Buy, 3=Hold, 5=Strong Sell)

Disclaimer: Average earnings estimates are calculated by First Call based on the earnings projections made by the analysts who cover Johnson & Johnson. Please note that any opinions, estimates or forecasts regarding Johnson & Johnson's performance made by these analysts (and therefore the average estimate numbers) are theirs alone and do not represent opinions, forecasts or predictions of Johnson & Johnson or its management. Johnson & Johnson does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.