BEAM Inc and Hillshire Brands Among Key Stocks Lifting Investor Earnings Spirits
BEAM Inc (NYSE:BEAM) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 10.34% to $0.64 in the quarter versus EPS of $0.58 in the year-earlier quarter. Revenue Decreased 15.26% to $637.6 million from the year-earlier quarter.
BEAM Inc reported adjusted EPS income of $0.64 per share. By that measure, the company beat the mean analyst estimate of $0.6. It beat the average revenue estimate of $628.58 million.