Consumer Staples Sector Earnings Recap Comparison Cheat Sheet

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Kellogg Company (NYSE:K) reported its results for the first quarter. Net income for the food-miscellaneous/diversified fell to $358 million ($1 per share) vs. $365 million ($1 per share) a year earlier. This is a decline of 1.9% from the year-earlier quarter. Revenue fell 1.3% to $3.44 billion from the year-earlier quarter. Kellogg Company beat the mean analyst estimate of 99 cents per share. It fell short of the average revenue estimate of $3.6 billion.

PepsiCo Inc. (NYSE:PEP) reported its results for the first quarter. Net income for the beverages-soft fell to $1.13 billion (71 cents per share) vs. $1.14 billion (71 cents per share) a year earlier. This is a decline of 1.4% from the year-earlier quarter. Revenue rose 4.1% to $12.43 billion from the year-earlier quarter. PepsiCo Inc. reported adjusted net income of 69 cents per share. By that measure, the company beat the mean estimate of 67 cents per share. Analysts were expecting revenue of $12.36 billion.

Coca-Cola Enterprises Inc. (NYSE:CCE) reported net income above Wall Street’s expectations for the first quarter. Net income for Coca-Cola Enterprises Inc. rose to $109 million (35 cents per share) vs. $106 million (31 cents per share) in the same quarter a year earlier. This marks a rise of 2.8% from the year-earlier quarter. Revenue rose 1.3% to $1.87 billion from the year-earlier quarter. Coca-Cola Enterprises Inc. reported adjusted net income of 36 cents per share. By that measure, the company beat the mean estimate of 33 cents per share. Analysts were expecting revenue of $1.84 billion.

Bunge Limited (NYSE:BG) reported its results for the first quarter. Net income for the agriculture/products fell to $92 million (57 cents per share) vs. $232 million ($1.49 per share) a year earlier. This is a decline of 60.3% from the year-earlier quarter.Revenue rose 10.3% to $13.45 billion from the year-earlier quarter. Bunge Limited reported adjusted net income of 69 cents per share. By that measure, the company fell short of mean estimate of $1.17 per share. Analysts were expecting revenue of $13.27 billion.

Altria Group Inc. (NYSE:MO) reported its results for the first quarter. Net income for Altria Group Inc. remained steady at $937 million (48 cents per diluted share) from the year-earlier quarter. Revenue remained constant at $5.65 billion. Altria Group Inc. reported adjusted net income of 49 cents per share. By that measure, the company fell in line with the mean estimate of 49 cents per share. It beat the average revenue estimate of $4.01 billion.

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