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Operator of wireless and broadcast communications $AMT posted higher earnings during 2Q16 due to higher income from continuing operations. Net income was $192MM or $0.37 per diluted share vs. $157MM or $0.30 per diluted share in 2Q15. Revenue rose 22% to $1.44Bil vs. 2Q15, helped by higher revenue in Property & Tenant Billings.
Visa ($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.