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$EFX said the company expects to see YoverY growth in EBITDA margins in each of the second through fourth quarters & expects 2016 EBITDA margins to be up approx. 75 BP from the 34.7% achieved in 2015. For remainder of 2016, $EFX expects its effective tax rate to be approaching 32%. CapEx for the year is expected at the high end of 5-6% of revenue.
Visa ($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.