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$AVGO said that its operating income from continuing operations for 4Q15 was $811MM and represented 44% of net revenue. Taxes came in at $43MM for the fourth quarter and share-based compensation was $63MM. $AVGO anticipates share-based compensation in 1Q16 to be about $65MM.
Visa ($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.