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$ADP expects revenue growth in 1H16 to be lower on continued negative impacts from foreign currency translation, as well as expected timing of starts that will convert to new recurring revenue from new business bookings sold during 4Q15. $ADP expects revenue growth outlook to be below 2016 guidance of 7-8% in 2Q16 and above in 3Q16 and 4Q16.
Visa ($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.