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Before the opening bell on Monday, 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.
Comcast Reports Higher Q1 Earnings
Earnings
Comcast (CMCSA) reported Q1 earnings of $2.1 billion, or 81 cents per share, up from $1.9 billion, or 71 cents per share, a year ago. Adjusted earnings were 79 cents per share – above analysts’ view of 74 cents per share.
Revenue
Revenue increased 2.6% to $17.85 billion from $17.41 billion. Analysts expected to see revenue of $17.41 billion.
SYSCO Misses Q3 Estimates
Earnings
SYSCO (SYY ) posted Q3 earnings of $176.96 million, or 30 cents per share, down from $180.94 million, or 31 cents per share, last year. Adjusted EPS came in at 40 cents – missing analysts’ view by a penny.
Revenue
Revenue increased 4.2% to $11.7 billion, but missed analysts’ estimate of $11.98 billion.
Tyson Foods Posts Higher Q2 Results
Earnings
Tyson Foods (TSN ) reported Q2 earnings of $310 million, or 75 cents per share, up from $213 million, or 60 cents per share, a year ago. Analysts expected to see EPS of 72 cents.
Revenue
Sales increased to $9.979 billion from $9.032 billion. Analysts expected to see revenue of $10.11 billion.
