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$INTU said that FY16 Consumer Tax revenue grew 10% with TurboTax Online units growing 15% and total TurboTax unit growing 12%. The company introduced two dozen innovation in TurboTax, which helped expand the DIY Software category, while increasing the share in the category as well. ProConnect revenues came in at $428MM for FY16.
Visa ($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.