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Earnings for August 7: BAM, HSY, MGA & More

Ani G Aug 07, 2015

1. Brookfield Asset Management Tops Q2 FFO by 21c/Share

Earnings
Brookfield Asset Management (BAM ) reported Q2 FFO of $0.50, $0.21 better than the analyst estimate of $0.29.

Revenue
Revenue for the quarter came in at $4.92 billion versus the consensus estimate of $4.67 billion.

Outlook
Brookfield Asset Management has not given an outlook along with its results.

2. Hershey Foods Tops Q2 EPS by 3c; Updates FY15 Sales Outlook

Earnings
Hershey Foods (HSY ) reported Q2 EPS of $0.78, $0.03 better than the analyst estimate of $0.75.

Revenue
Revenue for the quarter came in at $1.58 billion versus the consensus estimate of $1.62 billion.

Outlook
Full-year net sales expected to increase 1.5% to 2.5% and adjusted earnings per share-diluted reaffirmed, expected to increase 3% to 5%.

3. Magna Int’l Reports Q2 EPS of $1.29

Earnings
Magna Int’l (MGA ) reported Q2 EPS of $1.29, versus $1.18 reported last year.

Revenue
Revenue for the quarter came in at $8.13 billion, versus $8.91 billion reported last year.

Outlook
Magna Int’l has not given an outlook along with its results.

4. Harris Corp. Tops Q4 EPS by 11c; Issues Light FY16 Revenue Outlook

Earnings
Harris Corp. (HRS ) reported Q4 EPS of $1.32, $0.11 better than the analyst estimate of $1.21.

Revenue
Revenue for the quarter came in at $1.53 billion versus the consensus estimate of $1.24 billion.

Outlook
Harris Corp. sees FY2016 EPS of $5.60-$5.80, versus the consensus of $5.76. Harris Corp. sees FY2016 revenue of $7.67-7.83 billion, versus the consensus of $7.98 billion.

5. Telus Reports In-Line Q2 EPS

Earnings
Telus (TU ) reported Q2 EPS of $0.66, in-line with the analyst estimate of $0.66.

Revenue
Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.1 billion.

Outlook
Telus has not given an outlook along with its results.

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