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Wells Fargo analyst Sam Pearlstein questions $UTX about the slow payments made in Aerospace OEMS. CEO Greg Hayes says the pressure on cost continues unabated at the OEM levels. The company has a lot of pressure in this competitive environment to reduce costs. So, $UTX is working with the customers to find ways to take costs out of the product.
Visa ($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.