St. Jude Medical and Intel Corp. Beat Earnings by Just a Penny
St. Jude Medical Inc. (NYSE: STJ) reported Q1 2014 earnings and posted a 4.3% rise in adjusted net earnings per share to 96 cents. This is compared to 92 cents a year-ago. The company beat the Zacks Consensus Estimate by a penny and met its own guidance of 94 and 96 cents per share for the quarter. The company’s reported earnings were $249 million or 86 cents per share in the quarter, compared with $223 million or 78 cents per share in the comparable quarter of 2013. Revenues grew about 2.0% to $1,363 million for the quarter, also beating the Zacks Consensus Estimate of $1,355 million as