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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 (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 (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 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 Liquid error: internal 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.