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$LRCX 4Q15 PR: Revenue was $1,481.3MM, up 6% compared to $1,248.7MM in 2Q14. Net income was $131.2MM compared to $233.3MM in 2Q14. Revenue and profit balances at the end of June 2015 quarter increased to $518.1MM and $322.1MM, respectively, as compared to $485.2MM and $303.3MM at the end of March 2015 quarter.
Visa ($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.