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$MMC's GAAP EPS rose 31%, including $37MM pretax gain from Mercer's sale of a US defined contribution record keeping business. This gain has been excluded from the adjusted results. 2015 adjusted operating income increased 5% to $2.5Bil despite a significant FX headwind and GAAP EPS rose 12% and adjusted EPS rose 8%.
Visa ($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.