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$DRI 4Q15 Call – Eugene, CEO: EPS on an adjusted basis increased 100% to $1.08 &; & 4Q15 adjusted EBIT margins increased significantly. For FY15, annual sales from continuing operations increased by 7.6% to $6.8Bil. Adjusted EBIT margins increased by 150BP & annual EPS on an adjusted basis were $2.63, which is an increase of 54% versus last year.
Visa ($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.