Earnings Recap For January 26

Johnson & Johnson JNJ reported fourth quarter EPS of $1.44, $0.02 above consensus estimates, on revenue of $17.8 (slightly below the $17.9 billion estimate) on Tuesday morning.

Apple Inc. AAPL reported first quarter EPS of $3.28, $0.05 above consensus estimates. Revenue came in at $75.87 billion, below $75.59 billion estimates.

Procter & Gamble Co PG delivered second quarter EPS of $1.04, versus a $0.98 estimate, on revenue of $16.9 billion, falling barely short of expectations for $16.96 billion.

Lockheed Martin Corporation LMT’s EPS of $3.01 came in $0.09 above consensus, while revenue of $12.9 billion beat estimates of $12.33 billion.

AT&T Inc. T retrieved EPS of $0.63, in line with forecasts, on sales of $42.1 billion, which fell short of expectations, which called for $42.8 billion in revenue.

3M Co MMM posted adjusted EPS of $1.80, versus a $1.63 estimate.Sales came in at $7.3 billion.

Corning Incorporated GLW reported EPS of $0.34, $0.02 above consensus, on revenue of $2.4 billion – versus a $2.33 billion estimate. Management said it is expecting this quarter to be the weakest of the year.

E I Du Pont De Nemours And Co DD’s earnings came in at $0.27 per share, a penny above the Street’s estimates. Sales of $5.3 billion were 8 percent impacted by FX. Management also assured the Dow Chemical Co DOW merger remains on track.

AK Steel Holding Corporation AKS posted EPS of $0.30, up from $0.07 a year ago. Revenue came in at $1.54 billion.

Coach Inc COH delivered EPS of $0.68, $0.01 above consensus. Revenue of $1.27 billion fell $10 million short of expectations.

W W Grainger Inc GWW’s EPS came in at $2.49, versus estimates of $2.23. Sales of $2.5 billion beat expectations for $2.46 billion.

VMware, Inc. VMW retrieved EPS of $1.26, beating estimates by a cent. Sales of $1.87 billion compared to estimates of $1.85 billion.

Freeport-McMoRan Inc FCX reported a fourth quarter adjusted net loss of $(0.02), versus a $(0.17) estimate.

Hawaiian Holdings, Inc. HA’s EPS of $0.85 beat estimates by $0.01. Sales of $574.154 million compared to consensus at $567 million.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.