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For 2016, $GD expects Aerospace segment revenue to be $8.5-8.6Bil with margins slightly above 20%. For Combat Systems, revenue is expected to be slightly over $5.7Bil and margins to be 16-16.1%. Marine Systems revenue is expected to be $8.1-8.2Bil and margins around 9.2%. In IS&T, operating margins will be better than 10.5%.
Visa ($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.