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$GPN reported a decrease in 1Q17 earnings, hurt by higher OpEx compared to 1Q16. Net income attributable to Global Payments was $85.09MM or $0.55 per diluted share compared to $86.65MM or $0.66 per diluted share last year. GAAP revenues grew 25.5% from last year to $939.5MM. Adjusted EPS was $0.86 in 1Q17 versus $0.79 last year, a 8.9% improvement.
Visa ($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.