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$GPS updated its adjusted diluted EPS guidance for FY15 to be in the range of $2.38-2.42 and expects its adjusted operating margin to be about 10.5% in FY15. $GPS noted that its adjusted EPS guidance range and adjusted operating margin for FY15 exclude charges associated with the strategic actions, which are estimated at approx. $130-140MM.
Visa ($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.