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.