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$MO's 2015 net revenue rose 3.7% YoverY to $25.4Bil. Almost all of company's net revenue is from sales generated in the US. For 2015, $MO reported revenue increases in all its segment with Smokeable products revenue up 3.9%, Smokeless products up 3.9%, and Wine segment revenue up 7.6%.
Visa ($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.