Want to join the conversation?
Media company $SNI reported a 4.7% decline in 2Q16 earnings due to large gain on derivatives related to TVN acquisition recognized in last year, additional interest expenses and loss on investment realized in 2Q16. Net income slid to $184.61MM or $1.42 per share from $193.72MM or $1.49 per share last year. Adjusted EPS grew to $1.58 from $1.47.
Visa ($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.