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$MCO 2Q15 PR: Moody’s reported revenue of $918.1MM, up 5% from 2Q14. Net income was $261.7MM or $1.28 per share compared to $319.2MM or $1.48 per share in second quarter of 2014. Operating income was $419.3MM, up 2% from 2Q14. Operating margin was 45.7%. Operating expenses totaled $498.8MM, up 8% from 2Q14.
Visa ($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.