1. Factset Research Systems Tops Q4 EPS
Earnings
Factset Research Systems (FDS ) reported Q4 EPS of $1.48, 1 cent better than the analyst estimate of $1.47.
Revenue
Revenue for the quarter came in at $261.78 million, versus the consensus estimate of $261.76 million.
Outlook
Factset Research Systems sees Q1 2016 EPS of $1.51-$1.53, versus the consensus of $1.49. The company sees Q1 2016 revenue of $265-$269 million, versus the consensus of $265.9 million.
2. General Mills Tops Q1 EPS
Earnings
General Mills (GIS ) reported Q1 EPS of 79 cents, 10 cents better than the analyst estimate of 69 cents.
Revenue
Revenue for the quarter came in at $4.21 billion, versus the consensus estimate of $4.25 billion.
Outlook
General Mills reaffirmed FY2016 guidance.
3. Darden Restaurants Tops Q1 EPS
Earnings
Darden Restaurants (DRI ) reported Q1 EPS of 68 cents, 11 cents better than the analyst estimate of 57 cents.
Revenue
Revenue for the quarter came in at $1.69 billion, versus the consensus estimate of $1.67 billion.
Outlook
Darden Restaurants sees FY2016 EPS of $3.15-$3.30, versus prior guidance of $3.05-$3.20 and the consensus of $3.13.
4. ConAgra Foods Tops Q1 EPS
Earnings
ConAgra Foods (CAG ) reported Q1 EPS of 45 cents, 5 cents better than the analyst estimate of 40 cents.
Revenue
Revenue for the quarter came in at $2.79 billion, versus the consensus estimate of $3.67 billion.
Outlook
ConAgra Foods sees Q2 EPS flat Y/Y. The company will offer more details on fiscal 2016 EPS guidance once it is further along with the process of divesting the private label operations, determining associated SG&A reduction targets, and finalizing investment levels for the remaining segments.
