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$GNTX said CapEx for 1Q16 was $20.3MM compared to $15.2MM in the year ago quarter and expects its FY16 CapEx to be in the range of $115-130MM. For CY16, the company expects net sales to be between $1.64-1.72Bil; gross profit margin between 38.5-39.5%; and OpEx in the range of $152-160MM.
Visa ($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.