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Jacksonville, Florida-based $SMRT said it is revising its preliminary financial results for 1Q16 previously released on May 19, 2016. The company has increased SG&A expenses by $675,000 and decreased net income by $419,000 or $0.01 per diluted share. $SMRT's revised net income is now $13.3MM or $0.29 per diluted share.
Visa ($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.