A number of prominent, dividend-paying companies announced their quarterly numbers before the market opened for trade today. We take a closer look at these earnings below.
1. Greif Beats Q2 estimates
Greif (GEF ) reported better-than-expected Q2 earnings of $0.53 per share, bettering the consensus EPS estimate of $0.49 per share by 4 cents.
However, Q2 revenue at $666.6 million was significantly lower than analyst expectations of $984.06 million.
Greif now expects an FY2015 EPS of $1.65 to $1.75, which is lower than the analyst estimates of $2.09 per share.
2. Ferrellgas Partners Misses Q3 estimates
Ferrellgas Partners (FGP ) posted Q3 earnings that were much lower than analyst expectations. Q3 EPS of $0.43 was $0.27 lower than consensus estimates of $0.70 per share.
The company posted revenue of $532.55 million for the quarter, which met analyst estimates.
There was no change in FY2015 guidance.
3. HD Supply Holdings Beats Q1 estimates
HD Supply Holdings (HDS) posted Q1 earnings of $0.33 per share, beating the consensus estimate of $0.29 per share by 4 cents.
Q1 revenue for the company stood at $2.22 billion, matching estimates of $2.22 billion. The May sales number came in at $741 million; a 7.6% increase over the same period last year.
HD Supply Holdings updated its Q2 2015 EPS guidance to $0.60 to $0.66 compared to the consensus forecast of $0.63 per share. On the revenue front the company posted a Q2 2015 guidance of $2.500 to $2.555 billion as compared to the analyst estimate of $2.53 billion.