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$CBG anticipates double-digit growth again in 2016, supported by continued gains in market share, and expects to achieve adjusted EPS of $2.27-2.37 for 2016. This equates to growth rate of 13% at mid-point of guidance. The outlook is based on economists' consensus view that the global economy will maintain its modest rate of growth in 2016.
Visa ($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.