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In FY17, $CAH expects a high single digit percentage increase in Pharmaceutical revenue versus the prior year. Profit is expected to be essentially flat. In the Medical segment, $CAH expects revenue to increase in the mid single digit percentage range versus the prior year. The company expects double digit profit growth and margin rate expansion.
Visa ($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.