Earnings Volatility Drives Bristol-Myers Squibb and These Stocks in a New Direction

Bristol-Myers Squibb Company (NYSE:BMY) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 8.33% to $0.44 in the quarter versus EPS of $0.48 in the year-earlier quarter. Revenue Decreased 8.89% to $4.05 billion from the year-earlier quarter.

Bristol-Myers Squibb Company reported adjusted EPS income of $0.44 per share. By that measure, the company missed the mean analyst estimate of $0.44. It beat the average revenue estimate of $4.04 billion.

BMY

Shire plc (NASDAQ:SHPG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 6.55% to $1.79 in the quarter versus EPS of $1.68 in the year-earlier quarter. Revenue Rose 5.56% to $1.28 billion from the year-earlier quarter.

Shire plc reported adjusted EPS income of $1.79 per share. By that measure, the company beat the mean analyst estimate of $1.64. It beat the average revenue estimate of $1.22 billion.

SHPG

Biogen Idec Inc. (NASDAQ:BIIB) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 26.37% to $2.30 in the quarter versus EPS of $1.82 in the year-earlier quarter. Revenue Rose 21.29% to $1.72 billion from the year-earlier quarter.

Biogen Idec Inc. reported adjusted EPS income of $2.30 per share. By that measure, the company beat the mean analyst estimate of $1.93. It beat the average revenue estimate of $1.62 billion.

BIIB

Health Net Inc. (NYSE:HNT) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 173.68% to $0.52 in the quarter versus EPS of $0.19 in the year-earlier quarter. Revenue Decreased 2.78% to $2.74 billion from the year-earlier quarter.

Health Net Inc. reported adjusted EPS income of $0.52 per share. By that measure, the company beat the mean analyst estimate of $0.51. It missed the average revenue estimate of $2.74 billion.

HNT

Capstead Mortgage Corp. (NYSE:CMO) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 22.86% to $0.27 in the quarter versus EPS of $0.35 in the year-earlier quarter. Revenue Decreased 21.7% to $51.7 million from the year-earlier quarter.

Capstead Mortgage Corp. reported adjusted EPS income of $0.27 per share. By that measure, the company missed the mean analyst estimate of $0.33. It missed the average revenue estimate of $56.68 million.

CMO

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

More from The Cheat Sheet