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Seller of homecare and cleaning products $WDFC said that it posted higher profit for 3Q16. Net income rose 16% to $12.7MM vs. 3Q15 and diluted EPS was $0.88 vs. $0.75 in 3Q15. Net sales rose 4% to $96.4MM during the quarter vs. 3Q15, helped by a 6% increase in maintenance products group and higher sales in the EMEA and Asia-Pacific segments.
Visa ($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.