Johnson & Johnson reported on Tuesday a profit for third quarter that decreased from the same period last year but beat Wall Street estimates. The company’s earnings totalled $2.69 billion, or $1.11 per share. This compares with $4.3 billion, or $1.69 per share, in last year’s third quarter. Excluding items, Johnson & Johnson reported adjusted earnings of $5.87 billion, or $2.42 per share, for the period. Analysts on average had expected the company to earn $2.21 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items. The company’s reve…