JNJ Earnings History: 93.8% Beat Rate and What the Data Says Before April 14

JNJ reports next on April 14. Sixteen quarters of earnings history. One of the most consistent earnings records in the large-cap universe. Before you trade this number, look at what the data actually shows.

The Beat Rate

JNJ has beaten Wall Street estimates 15 out of 16 quarters. That is a 93.8% beat rate. The average S&P 500 company beats around 70% of the time. JNJ runs well above that baseline, quarter after quarter.

What Happens After a Beat

When JNJ beats, the stock closes higher the next day 60.0% of the time. The average next-day move after a beat is -0.07%. Essentially flat. JNJ beats at an elite rate, but the market absorbs the good news without a major price reaction.

The Pattern

A 93.8% beat rate across 16 quarters is rare. That level of consistency often gets priced in, which explains the near-zero average move after a beat. JNJ has missed just once in 16 quarters. On that single miss, the stock did not go down the next day. Even the outlier did not produce a reliable selloff.

What This Means for Traders

First: the odds strongly favor another beat on April 14. At 93.8%, a miss is the statistical outlier, not the base case. Second: do not build a trade around a big post-earnings pop. The average move of -0.07% after a beat means this is not a momentum setup once the number hits. Third: JNJ earnings present low downside risk but equally low reward for short-term directional plays. All figures in this analysis are sourced directly from ChartOdds historical earnings data.