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$KO which has a portfolio of $20Bil brands plus in its kitty has delivered 3Q15 earnings that exceeded analysts' expectations, but revenue fell 5% for 3Q15 and fell 2% YTD. Organic revenue growth was 3% driven by 3 points of positive price and mix and packaging initiatives. 3Q15 reported EPS was $0.33 while comparable EPS was $0.51.
Visa ($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.