Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Pricing
Go Premium Now
Login
Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks
Strategies
Tools
Articles
Premium
Advisors
Guaranteed Income

activision blizzard logo

News

Earnings: CME Group, Activision Blizzard, McKesson, More (CME, ATVI, MCK, More)

Mike Deane Feb 05, 2015


After the bell on Thursday, 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.


CME Group Beats Q4 Estimates


CME Group (CME ) reported fourth quarter revenues of $841.1 million, up from last year’s $687 million. Net income for the quarter came in at $306.5 million, or 91 cents per share, up from last year’s Q4 net income of $193.1 million, or 58 cents per share. On an adjusted basis, CME’s EPS came in at 95 cents, beating analysts’ estimates of 93 cents.


Activision Blizzard Beats Q4 EPS Estimates; Guides Below Views


Activision Blizzard (ATVI ) reported fourth quarter revenues of $2.21 billion, down from last year’s Q4 revenues of $2.27 billion. EPS for the quarter came in at 94 cents, compared to last year’s 79 cents, and above analysts’ expectations of 88 cents. Looking ahead, ATVI sees Q1 EPS of 5 cents and FY2015 EPS of $1.15, which is both below analysts’ expectations of 18 cents for Q1 and $1.43 for FY2015.


McKesson Easily Beats Q3 Estimates


McKesson Corp. (MCK ) reported third quarter revenues of $47 billion, which are up 37% over last year’s Q3 revenues of $34.3 billion. Revenue beat analysts’ expectations of $44.81 billion. Net income for the quarter came in at $472 million, or $2 per diluted share, compared to last year’s Q3 figures of $65 million, or 28 cents per share. On an adjusted basis, EPS came in at $2.89, beating analysts’ estimates of $2.61. For FY2015, MCK sees EPS in the range of $10.80-$10.95, while analysts expect $10.84.


Expedia Misses EPS Estimates


Expedia (EXPE ) reported fourth quarter adjusted net income of $113 million, or 86 cents per share, which is down around 10% from last year’s Q4 net income of $125.3 million, or 92 cents per share. Revenue for the quarter came in at $1.36 billion, up 18% from last year’s Q4 revenues of $1.15 billion. EXPE missed analysts’ estimates of $1.02 EPS on revenues $1.37 billion.

Popular Articles