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Biopharmaceutical company $MNK said its 4Q15 GAAP net income rose 10.2% to $90MM, or $0.76 per share from a year ago on acquired products and strong volume growth in its specialty brands segment. On an adjusted basis, diluted EPS was $1.84. Net sales were $882MM, up 31%, driven exclusively by volume, with overall price down.
Visa ($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.