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Technical services company $JEC reported a decrease in 3Q16 earnings hurt by lower revenues and after-tax costs related to restructuring activities. Net income was $69MM or $0.57 per share in 3Q16 compared to $91MM or $0.73 per share in 3Q15. Revenues dropped to $2.7Bil from last year.
Visa ($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.