J&J profit falls, hurt by charges

NEW YORK, Oct 16 (Reuters) Johnson&Johnson on Tuesday said third-quarter profit fell, hurt by restructuring charges, but it slightly raised its earnings forecast for full-year 2007.

The diversified health-care company said it earned NEW YORK, Oct 16 (Reuters) Johnson&Johnson on Tuesday said third-quarter profit fell, hurt by restructuring charges, but it slightly raised its earnings forecast for full-year 2007.

The diversified health-care company said it earned $2.5 billion, or 88 cents per share, in the quarter, compared with $2.76 billion, or 94 cents per share, in the year-earlier period.

(Reporting by Ransdell Pierson) REUTERS SI RN1839 .5 billion, or 88 cents per share, in the quarter, compared with NEW YORK, Oct 16 (Reuters) Johnson&Johnson on Tuesday said third-quarter profit fell, hurt by restructuring charges, but it slightly raised its earnings forecast for full-year 2007.

The diversified health-care company said it earned $2.5 billion, or 88 cents per share, in the quarter, compared with $2.76 billion, or 94 cents per share, in the year-earlier period.

(Reporting by Ransdell Pierson) REUTERS SI RN1839 .76 billion, or 94 cents per share, in the year-earlier period.

(Reporting by Ransdell Pierson) REUTERS SI RN1839