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$MHFI 2Q15 PR: McGraw Hill posted second quarter results with revenue of $1.34Bil, up 3% YoverY. Net income from continuing operations rose 21% to $353MM and diluted EPS rose 23% to $1.28. Adj. net income from continuing operations rose 17% to $335MM and adj. diluted EPS rose 17% to $1.21. Operating Margin improved 670 bp to 43.3%.
Visa ($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.