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For 3Q16, $MU expects non-GAAP consolidated revenue to be in the range of $2.8-3.1Bil, GM in the range of 16.5-19.0%, OpEx to be between $560-610MM, operating income to range between a loss of $70MM and income of $10MM and an earnings range of between a loss of $0.12 per share and a loss of $0.05 per share based on 1,036MM diluted shares.
Visa ($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.