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Julien Dumoulin-Smith of UBS asks about the earnings contribution lost from the asset sales seen thus far. $AES CEO Andres Gluski said in its forecast through 2018, the company has modest decrease in earnings from those sales. He added that it depends on the asset one is selling and its risk profile, whether it be accretive or dilutive.
Visa ($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.