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For 3Q16, based on current bookings and yields trends, $LUV expects RASM to decline 3-4% YoverY. Freight and other revenues are expected to increase from 3Q15 levels. $LUV expects fuel price per gallon to be approx. $2.05 for 3Q16 and 4Q16. This brings the full-year 2016 estimate to $1.90-1.95. 3Q16 CASM is expected to rise 2% YoverY.
Visa ($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.