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Anadarko Petroleum 1Q Earnings Beat Estimates

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  • Description

    FBN’s Sandra Smith breaks down Anadarko Petroleum’s first-quarter earnings results.

  • Duration 0:55
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Good afternoon everyone I'm Sandra Smith for your Fox Business -- Shutterfly is on the rise in extended trading following better than expected first quarter results.

-- posting a narrower than expected loss of 49 cents a share.

Revenues also topping forecasts this does mark the 45 consecutive quarter of year over year gains in revenue growth for the company.

And Anadarko Petroleum beat estimates on both the top and bottom lines during the first quarter earnings per share topping forecasts at 92 cents a share.

Revenue coming in slightly higher than estimates at 3.4 five billion dollars.

And Caterpillar is bracing for a possible strike in an Illinois plant the Wall Street Journal reporting union members.

Rejected a contract giving the company the right to adjust some wages to market levels.

Barring any new developments -- strike will Begin at 1201 AM Tuesday and that is the latest from the Fox Business -- giving you the power.

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