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$HST said the company expects to benefit from less construction disruption in 2016 as the maintenance capital spending is expected to decline by more than 18%. $HST also said that it projects 2016 total comparable hotel RevPar to increase by 3-4% in constant currency and EBITDA margins to increase 0-40 BP.
Visa ($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.