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$DD said that 2Q16 operating EPS of $1.24 rose 14% vs. 1Q16 and grew 18% YoverY when adjusted for currency. The company said that its consolidated net sales of $7.1Bil reflected 2% volume growth due to increased demand in Agriculture, Performance Materials and N&H. In aggregate, sales were negatively impacted by local price, currency & portfolio.
Visa ($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.