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For 1Q17, $XLNX expects revenue growth to be about flat. GM is expected to be 69-70% and OpEx about $220MM including $1MM of amortization. Other income and expense will be an expense of $5MM and tax rate is expected to be 14% in 1Q17. Share count is expected to be 266MM in the quarter.
Visa ($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.