Want to join the conversation?
Natural gas distributor $SCG posted lower 1Q16 results, hurt by abnormally mild winter weather and lower revenue. $SCG said net income fell 56% to $176MM, or $1.23 per share compared to $400MM, or $2.8 per share a year ago. Operating revenue fell 15.6% to $1.17Bil, hurt by gas-regulated and non-regulated segment revenue fall.
Visa ($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.