date:Feb 16, 2019
driving strong growth for core products, Chief Financial Officer Hugh Johnston told.
(This) has caused us to want to invest more money back into the businesses in 2019 and that is why our guidance has landed where it has.
The company said it expects 2019 adjusted profit per share to drop 3 percent to $5.50, while analysts on average had expected a 3.5 percent rise to $5.86 per share, according to IBES data from Refinitiv.
The forecast also takes into account a higher tax bill and a 2 percenta