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.
Estée Lauder Beats Analysts Estimates
Earnings
Estée Lauder (EL) reported third quarter earnings of $272.1 million, or 71 cents per share, up from $213.2 million, or 54 cents per share, last year. Adjusted earnings came in at 72 cents – above analysts’ view of 51 cents.
Revenue
Sales increased 1% to $2.58 billion from $2.55 billion. Analysts expected to see revenue of $2.54 billion.
Archer Daniels Midland Q1 Profits Rise
Earnings
Archer Daniels Midland (ADM ) reported first quarter earnings of $493 million, or 77 cents per share, compared to $267 million, or 40 cents per share, a year ago. Excluding special items, EPS was 77 cents – above analysts’ estimate of 71 cents.
Revenue
Revenue for the quarter was $17.51 billion from $20.70 billion. Analysts expected to see $20.58 billion in revenue,
Kellogg Posts Higher Q1 Earnings
Earnings
Kellogg (K ) reported first quarter earnings of $227 million, or 64 cents per share, up from $406 million, or $1.12 per share, last year. Comparable EPS came in at 98 cents per share. Analysts expected to see EPS of 92 cents.
Revenue
Sales declined to $3.56 billion from $3.74 billion. Analysts expected to see $3.55 billion in revenue.
