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$HQY lifted its 2017 revenue outlook to $173-177MM from previous forecast of $170-174MM and its non-GAAP EPS guidance to range of $0.47-0.49 from prior estimate of $0.45-0.47. The company also raised its 2017 adjusted EBITDA outlook to $58-60MM from $56-58MM. $HQY sees stock-based compensation expense of $5-6MM and effective tax rate of about 36%.
Visa ($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.