More Buy List Earnings

After the closing bell, we got three more earnings reports for our Buy List.

Fiserv ($FISV) reported Q2 earnings of 81 cents per share which beat expectations by one penny per share. The company also raised the low-end of its full-year forecast by three cents per share. Fiserv now expects full-year earnings of $3.31 to $3.37 per share.

Express Scripts ($ESRX) reported Q2 earnings of $1.23 per share. That was also a penny higher than expectations. ESRX also slightly narrowed their full-year range. The previous range was $4.82 to $4.94 per share. Now it’s $4.84 to $4.92 per share. The shares were up 2.1% today.

AFLAC ($AFL) had Q2 operating earnings of $1.66 per share. They had been expecting operating earnings to range between $1.54 and $1.68 per share. The yen knocked off three cents per share. Wall Street’s consensus was for $1.59 per share.

As for guidance, CEO Dan Amos said, “If the yen averages 100 to 105 to the dollar for the third quarter, we would expect earnings in the third quarter to be approximately $1.38 to $1.47 per diluted share. Using that same exchange rate assumption for the remainder of 2014, we would expect full-year reported operating earnings to be about $6.16 to $6.30 per diluted share.”

Posted by on July 29th, 2014 at 5:18 pm


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