Visa (V) reported its 4Q15 earnings on November 2, 2015, posting EPS of $0.62, missing analysts’ estimate of $0.63. Visa also announced the acquisition of Visa Europe for $23.4 billion.
Ingredion (INGR) announced during 3Q15 that it completed the acquisition of Kerr Concentrates—a privately held producer of natural fruit and vegetable concentrates, purees, and essences—for ~$100 million.
Ingredion’s North America segment contributed to the majority of the company’s revenue. This segment reported net sales of $880 million in 3Q15, comprising 61% of the company’s total net sales.
Ingredion (INGR) reported earnings per share (or EPS) of $1.64 in 3Q15, which beat the consensus estimates by 8.61%.
Ingredion’s net sales fell $24 million for 3Q15, and its gross profit rose by $32 million.
On October 29, 2015, Ingredion (INGR) reported its 3Q15 earnings. Following the earnings release, the company’s shares rose by 2% from $93.04, closing at $95.06.
An analysis based on the PE and PS ratios of SS&C Technologies and some of its peers reveals that the company’s peers have outperformed it.
SS&C Technologies has a market cap of $7.2 billion. Its YTD price movement has been rising quarter-over-quarter in 2015. Peers include Paycom and LogMeIn.
Here, we’ll compare CNA Financial Corporation with its peers using the price-to-earnings ratio and the price-to-book value ratio among other measures.
CNA Financial Corporation has a market cap of $9.9 billion. After the 3Q15 earnings report, CNA rose by 0.6% to close at $36.8 per share as of November 2.
Pinnacle Foods’ adjusted net earnings rose 14.6% in the quarter of 2015 to $54.6 million, or $0.46 per diluted share. This beat consensus estimates by 2%.
Net sales for Pinnacle Foods’ Birds Eye Frozen segment rose 15.3% to $296.7 million in the third quarter of 2015, compared to $257.4 million in 3Q14.
Pinnacle Foods’ (PF) net sales in 3Q15 rose 2% to $636.3 million, compared to net sales of $624 million in the corresponding quarter a year ago.
Pinnacle Foods (PF) fell by 1.4% from $44.61 to $43.97 on October 29, the day of its third quarter earnings release. It closed at $43.62 on November 2.
Pittsburgh-based H.J. Heinz Holding Corporation acquired Kraft Foods in October. After the merger, the company changed its name to Kraft Heinz.
Kraft Heinz in 2Q15 reported diluted EPS of $0.92 compared to $0.80 for the same quarter last year due to costs related to the merger with Heinz and other costs.
On August 10, the Kraft Heinz Company reported its 2Q15 results for Kraft Foods and H.J. Heinz for the periods ending June 27 and June 28, respectively.
Kraft Heinz will be reporting its third quarter results for fiscal 2015 on November 5. It operates as a food and beverage Company through its subsidiaries.
Pilgrim’s Pride (PPC) has been making efforts to expand its margins by reducing operational costs. It anticipates an operational improvement of $200 million through this strategy.
Pilgrim’s Pride (PPC) reported EPS (earnings per share) of $0.53 in 3Q15, missing the consensus estimate by 22%. The estimate for the third quarter was $0.68 per share.