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$RGS reported positive earnings in 4Q16, helped by a $11MM increase in operating income compared to 4Q15. Net income was $5.6MM or $0.12 per diluted share compared to a net loss of $2.6MM or $0.05 loss per share last year. Sales of $447.7MM declined $15.2MM from the same period last year. Adjusted diluted EPS was $0.12 versus $0.01 in 4Q15.
Visa ($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.