Earnings Roundup For May 9 (SYY, DYN, HBC, AES, TSN, SFTBF, LNMIY, SCHYY, SJI, CORE, PETS)

Sysco Corp SYY reported its FQ3 profit at $258.5 million, or $0.44 per share, from $247.6 million, or $0.42 per share, in the year-earlier period. The company's sales jumped to $9.76 billion from $8.95 billion. However, analysts were expecting earnings of $0.41 per share on sales of $9.45 billion. Dynegy Inc DYN swung to a Q1 loss from a profit in the year-ago period. The company reported a quarterly loss of $77 million, or $0.64 per share, from a net income of $145 million, or $1.20 per share, in the year-earlier period. The company's adjusted earnings before interest, taxes, depreciation and amortization came in at $87 million. The company's revenue fell to $505 million from $858 million. However, analysts were expecting a loss of $0.55 per share on revenue of $599 million. HSBC Holdings HBC reported a 58% surge in its first-quarter net profit. The company's net profit increased to $4.15 billion, from $2.63 billion, in the year-earlier period, due to smaller tax bill. The company's underlying profit before tax dropped 9.9% to $5.5 billion. The company's net operating income fell 4.9% to $17.04 billion. AES Corp AES reported its first-quarter net income at $224 million, from $187 million, in the year-earlier period. AES reported its earnings at $0.28 per share, versus $0.27 per share, in the year-earlier period. The company's adjusted earnings came in at $0.22 per share, compared with $0.28 per share. Its revenue surged to $4.26 billion, from $3.92 billion, in the year-ago quarter. AES also reaffirmed its projections for the full year. Tyson Foods Inc TSN reported its FQ2 earnings at $159 million, or $0.42 per share. Its sales surged to $8 billion from $6.92 billion. However, analysts were expecting earnings of $0.43 per share on sales of $7.52 billion. Softbank Corp SFTBF reported a strong year-over-year jump in its net profit for the three months through March. The company's FQ4 net profit surged to Y47.41 billion, from Y1.85 billion, in the year-earlier period. The company's operating profit increased 48% to Y147 billion from Y99.55 billion. However, its revenue increased 5% y/y to Y754.74 billion from Y718.10 billion. Softbank's net profit for the full fiscal year jumped to Y189.71 billion from Y96.72 billion. Its operating profit surged 35% to Y629.16 billion and revenue climbed 8.7% to Y3.005 trillion. Lonmin PLC LNMIY reported a three-fold jump in its first-half net profit. The company's net profit rose to $90 million, from $30 million, in the year-earlier period. However, its revenue rose 42% to $938 million. The group's results were driven by a 9% surge in platinum volumes. Sands China Ltd SCHYY reported a more than two-fold year-over-year rise in its Q1 net profit. The company quarterly net profit came in at US$262.4 million under International Financial Reporting Standards (IFRS), against US$110.5 million, in the year-earlier period. Its net revenue climbed 22% to US$1.16 billion versus US$944.0 million. The company's Q1 net income under GAAP climbed to US$262.1 million, from US$113.3 million, in the year-earlier period. South Jersey Industries SJI reported its quarterly EPS of $1.63, versus the estimates of $1.62. SJI reported its revenue of $331.9 million, versus the estimates of $398.72 million. Core-Mark Holdings CORE reported its Q1 EPS of $0.13, versus the estimates of $0.10. CORE reported its revenue of $1.72 billion, versus the estimates of $1.76 billion. PetMed Express PETS reported its quarterly EPS of $0.19, versus the estimates of $0.23. PETS reported its revenue of $50.9 million, versus the estimates of $48.86 million. Read more from Benzinga's Markets.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsPre-Market OutlookIntraday UpdateMarketsConsumer DiscretionaryConsumer StaplesDistributorsDiversified BanksEarnings RoundupFinancialsFood DistributorsInternet RetailPackaged Foods & MeatsUtilities
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!