Earnings Roundup: Interpublic Group of Companies Inc (IPG), Honeywell International Inc. (HON), and VF Corp (VFC)

As part of the earnings release by companies, Interpublic Group of Companies Inc (NYSE:IPG), Honeywell International Inc. (NYSE:HON), and VF Corp (NYSE:VFC) have released their results for the second quarter of 2014.

Interpublic Group of Companies Inc (NYSE:IPG)

Interpublic Group of Companies Inc (NYSE:IPG), which is a provider of advertising and marketing services has reported second quarter of 2014 revenue of $1.85 billion, compared to $1.76 billion in the same period last year, marking an increase of 5.4%, whereas organic revenue reflected an increase of 4.7%.

The reported operating income for the second quarter of the current year was $195.8 million, compared to $174.8 million in the same period in 2013. The major reason for the rise in revenues is a strong international market as well as increasing ad spending in the U.S.

Honeywell International Inc. (NYSE:HON), an aerospace technology company, reported a total revenue of $10.25 billion for the second quarter of 2014, which is a 6% rise over revenues of $9.69 billion for the same period last year. Meanwhile, earnings per share rose to $1.38 from $1.28 a year ago, marking an increase of 8%.

The rise in earnings was the result of higher sales of turbochargers, which are used in automobiles. There is an increase in the demand for turbochargers that help in making cars more fuel-efficient, due to new regulations in Europe, China and the U.S.

Honeywell International Inc. (NYSE:HON) has raised its full year 2014 earnings guidance to $5.45 per share, from $5.40 per share at the lower end and has kept the higher end unchanged at $5.55 per share. Moreover, on July 14, 2014, the company had announced that it will merge its transportation systems unit with its aerospace division to take advantage of the similarities between the two.

VF Corp (NYSE:VFC) also released its earnings for the second quarter of 2014 and reported an 8% rise in revenues to $2.4 billion, which was mainly led by double-digit growth in the company’s Outdoor & Action Sports business, international business and direct-to-consumer businesses. Meanwhile, the earnings rose 16% to $0.36 per share, compared to $0.31 per share for the same period in 2013.

Disclosure: none

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

The 50 Best Personal Finance Blogs

Most Expensive Apartments in New York City

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!