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Before the opening bell on Tuesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these earnings reports and break down the important points for investors.
Aetna Liquid error: internal reported fourth quarter revenues of $14.8 billion, up 12% from last year’s Q4 revenues of $13.13 billion. Operating income for the quarter came in at $434 million, or $1.22 per share, down from last year’s $537.7 million, or $1.45 per share. AET met analysts’ EPS estimates of $1.22, while revenues came in just above the expectation of $14.59 billion. For FY2015, Aetna sees EPS of $7, which is below analysts’ estimates of $7.16.
Archer Daniels Midland Co. (ADM ) reported fourth quarter adjusted EPS of $1, compared to last year’s Q4 figure of 95 cents. Revenues were down significantly, coming in at $20.9 billion, compared to last year’s Q4 revenues of $24.1 billion. ADM beat analysts’ EPS estimates of 93 cents, while revenues missed the $23.95 billion expectation.
Eaton Corp. (ETN ) reported fourth quarter sales of $5.57 billion, up slightly from last year’s Q4 sales of $5.53 billion. Analysts were expecting revenues of $5.6 billion. Net income for the quarter came in at $581 million, or $1.23 per diluted share, up from last year’s $479 million, or $1.01 per diluted share. On an adjusted basis, EPS came in at $1.27, beating analysts’ estimates of $1.20. Looking ahead, ETN sees FY2015 EPS in the range of $4.75-$5.05, while analysts expect $4.97.