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For 4Q16, $GIS expects the impact of the Green Giant sale, FX headwinds, and comparison to 4Q15 that included an extra week to result in a reported decline in net sales, segment operating profit, and adjusted diluted EPS. On a comparable basis, company expects 4Q16 net sales growth to be positive.
Visa ($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.