Today’s After Hours Earnings: AFLAC Incorporated, Amgen, Inc., Anadarko Petroleum Corporation, More (AFL, AMGN, APC, More)

After the bell on Tuesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these earnings reports and break down the important points for investors.

Aflac Posts Lower Q2 Results; Declares Dividend

Aflac (AFL) reported second quarter revenues of $5.84 billion, down 3.4% from last year’s Q2 revenues of $6.04 billion. Earnings for the quarter came in at $810 million, or $1.78 per diluted share, down from last year’s Q2 figures of $889 million, or $1.90 per share. Operating earnings for the second quarter came in at $757 million, or $1.66 per share, compared to last year’s Q2 earnings of $759 million, or $1.64 per share. Analysts were expecting EPS of $1.59 on revenues of $5.79 billion. In addition to releasing earnings today, Aflac also declared its Q3 dividend payout of 37 cents. The dividend is payable on September 2 to all shareholders on record as of August 20.

Amgen Beats Earnings and Revenue Estimates

Amgen (AMGN) reported second quarter revenues of $5.18 billion, up 11% from last year’s Q2 revenues of $4.68 billion and above analysts’ estimates of $4.9 billion. Adjusted earnings for the quarter came in at  $1.82 billion, or $2.37 per share, a significant gain over last year’s Q2 figures of $1.44 billion, or $1.89 per share, and far above analysts’ estimates of $2.07.

Anadarko Petroleum Beats Estimates

Anadarko Petroleum (APC) reported Q2 adjusted net income of $669 million, or $1.32 per share, which is up substantially over last year’s Q2 figures of $534 million, or $1.05 per share. Revenue for the quarter came in at $4.44 billion, which is up nearly a $1 billion over last year’s Q2 revenue of $4.5 billion. APC managed to beat analysts’ estimates of $1.30 EPS on revenues of $4.1 billion.

C.H. Robinson Posts Higher Q2 Results; Beats EPS Views

C.H. Robinson Worldwide (CHRW) posted Q2 revenues of $3.5 billion, up from last year’s Q2 revenues of $3.29 billion. Earnings for the quarter came in at $118.6 million, or 80 cents per share, which is above last year’s Q2 figures of $111.9 million, or 70 cents per share. CHRW beat analysts’ estimates of 77 cents EPS, and revenues met expectations of $3.5 billion.

International Game Technology Beats EPS Views; Misses on Revenue

International Game Technology (IGT) reported third quarter operating earnings of $119.3 million and net income of $69.3 million, down from last year’s Q3 operating earnings of $154.1 million and net income of $86.4 million. Adjusted EPS for the quarter came in at 28 cents, which is down 15% from last year’s Q3 figure of 33 cents. IGT’s revenue for the quarter was $467.9 million, a 19% decrease from last year’s Q3 revenue of $570 million. Even with its declines, IGT beat analysts’ EPS estimates of 27 cents, while revenues were below expectations of $521.9 million.

Marriott International Beats Estimates; Provides Guidance

Marriott International (MAR) reported second quarter revenues of $3.48 billion, up 7% from last year’s Q2 revenues of $3.26 billion. Adjusted earnings for the quarter came in at $213 million, or 71 cents per diluted share, which is above last year’s Q2 figures of $179 million, or 57 cents per share. MAR beat analysts’ estimates of 67 cents EPS, but revenues were below the revenue estimates of $3.53 billion. Looking ahead, MAR sees Q3 EPS in the range of 59 cents to 63 cents, while analysts are expecting 61 cents. For the full year, MAR sees EPS in the range of $2.40-$2.51, while analysts expect $2.47.

U.S. Steel Posts Lower Q2 Revenues; Beats Estimates

U.S. Steel (X) reported second quarter revenues of $4.4 billion, down slightly from last year’s Q2 revenues of $4.429 billion. The company reported a net loss for the quarter of $18 million, or 12 cents per share, compared last year’s Q2 net loss of $78 million, or 54 cents per diluted share. Adjusted earnings for the quarter came in at 17 cents per share, beating analysts’ estimates of a 27 cent loss. Revenues also beat analysts’ estimates of $4.23 billion.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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