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$ESRX narrowed its 2016 adjusted EPS guidance to range of $6.33-6.43 from previous forecast of $6.31-6.43. This raises the mid-point from $6.37 to $6.38. The increased guidance range represents growth of 14-16% over 2015. $ESRX widened its 2016 diluted weighted average shares forecast to range of 632-640MM from prior range of 635-645MM.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($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.