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$AGN updated its 2H15 guidance adjusting for upcoming divestiture of its Global Generics business to $TEVA. $AGN expects revenues greater than $8Bil, EBIT at $3.8-4.0Bil & adjusted EPS of $6.25-6.65. CEO Brent said the new $AGN "will be a development powerhouse stacked with 70 mid-to-late stage R&D projects to address customer and patient needs."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.