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$UPS, which competes with $FDX and United States Postal Service, said it expects 2016 revenue to increase between 6% and 8%. CapEx is expected to be about 4.5% of revenue or $2.8Bil. The company is projecting 2016 diluted EPS to increase within a range of $5.70-5.90, which is a growth rate of 5-9%. Excluding 2015 tax credits, growth rate is 7-11%.
Visa ($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.