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$AES updated its outlook for adjusted EPS growth through 2018. Although the net impact on 2016 adjusted EPS guidance is approx. $0.20, $AES believe that cost savings and another initiative will reduce the net decrease to about $0.06 per share by 2018, which keeps the guidance within the low end of previous 2018 expectations.
Visa ($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.