Tuesday Morning Earnings Releases

Arrow Electronics, Inc. ARW reported its Q2 2014 earnings. The company reported an EPS of $1.43 above estimates of $1.42 and revenue for the quarter of $2.68 billion compared to estimates of $5.69 billion. Anixter International Inc. AXE released earnings for its Q2 2014. The company reported an EPS of $1.57 above estimates of $1.64 and revenue for the quarter of $1.59 billion compared to estimates of $1.64 billion. BP plc (ADR) BP reported earnings for its Q2 2014 with an EPS of $1.57 above estimates of $1.12 and revenue for the quarter of $1.59 billion compared to estimates of $1.64 billion. International Paper Company IP released earnings for its Q2 2014. The company reported an EPS of $0.95 above estimates of $0.82 and revenue for the quarter of $7.21 billion compared to estimates of $7.45 billion. McGraw Hill Financial Inc MHFI reported earnings for its Q2 2014. The company reported an EPS of $1.06 above estimates of $0.99 and revenue for the quarter of $1.35 billion compared to estimates of $1.30 billion. Merck & Co., Inc. MRK announced its Q2 2014 earnings. The company reported an EPS of $0.85 above estimates of $0.85 and revenue for the quarter of $10.93 billion compared to estimates of $10.60 billion. The New York Times Company NYT released earnings for its Q2 2014. The company reported an EPS of $1.29 above estimates of $1.05 and revenue for the quarter of $598.46 million compared to estimates of $577.66 million. Pfizer Inc. PFE released earnings for its Q2 2014. The company reported an EPS of $0.58 above estimates of $0.57 and revenue for the quarter of $12.7 billion compared to estimates of $12.50 billion. Pfizer lowers full year 2014 sales guidance from $49.20 billion-51.20 billion to $48.70 billion-50.70 billion compared to estimates of $49.40 billion. Reynolds American, Inc. RAI reported its Q2 2014 earnings. The company reported an EPS of $0.89 above estimates of $0.87 and revenue for the quarter of $2.16 billion compared to estimates of $2.19 billion. Spirit Airlines Incorporated SAVE announced its Q2 2014. The company reported an EPS of $0.91 above estimates of $0.89 and revenue for the quarter of $499.30 million compared to estimates of $498.74 million. TRW Automotive Holdings Corp. TRW released earnings for its Q2 2014. The company reported an EPS of $2.32 above estimates of $2.12 and revenue for the quarter of $4.60 billion compared to estimates of $4.55 billion. Wynn Resorts, Limited WYNN released earnings for its Q2 2014. The company reported an EPS of $2.11 above estimates of $1.95 and revenue for the quarter of $1.41 billion compared to estimates of $1.43 billion. EPS were Up 40 percent from the same quarter last year, sales were Up 6 percent year over year.