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Key Mornings Earnings for April 22: AAL, KMB, MCD

As Q1 earnings season continues, more and more companies are starting to post their earnings results. Yesterday, two FANG stocks, Microsoft Corp. MSFT and Alphabet, Inc. GOOGL, reported their earnings results, as well as coffee giant Starbucks Corp. SBUX. While Alphabet and Microsoft missed earnings estimates, Starbucks managed to stay in-line with expectations; each company, however, saw their revenues decline on a sequential basis.

Friday morning saw a solid amount of companies report their results before the bell. Let’s take a look.

American Airlines Group, Inc. AAL

The airliner reported better than expected earnings for its first quarter of fiscal 2016. Adjusted earnings per share came in at $1.25, topping the Zacks Consensus Estimate by 7 cents. Operating revenues were $9.44 billion, beating our consensus estimate of $9.43 billion but representing a 4% decrease from the year-ago period.

Kimberly-Clark Corp. KMB

Leading consumer products manufacturer Kimberly-Clark posted mixed Q1 results. The company reported adjusted earnings per share of $1.53, topping the Zacks Consensus Estimate of $1.51 and increasing 1.1% from the year-ago period. Revenues came in at $4.476 billion, slightly lagging behind our consensus estimate of $4.508 billion and declining 4.6% year-over-year.

McDonald’s Corp. MCD

The iconic fast-food chain reported impressive Q1 results. Earnings came in at $1.23 per share, surpassing the Zacks Consensus Estimate of $1.16 per share. Revenues of $5.90 billion beat our consensus estimate of $5.87 billion. Global comps for Q1 grew 6.2%, comparing favorably to the 5% growth seen in the prior quarter. All of McDonald’s segments posted positive comps.

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KIMBERLY CLARK (KMB): Free Stock Analysis Report
 
MICROSOFT CORP (MSFT): Free Stock Analysis Report
 
STARBUCKS CORP (SBUX): Free Stock Analysis Report
 
MCDONALDS CORP (MCD): Free Stock Analysis Report
 
AMER AIRLINES (AAL): Free Stock Analysis Report
 
ALPHABET INC-A (GOOGL): Free Stock Analysis Report
 
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