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$JW.A $JW.B said its 1Q17 Professional Development revenue slid 2% on a constant currency basis, with growth in Corporate Learning of 20%, Online Test Preparation of 23%, and Assessment of 2% more than offset by the decline in Books of 10%. Revenue on a US GAAP basis fell 3% with results impacted by unfavorable foreign exchange.
Visa ($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.