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$FISV 2Q15 Call: Adjusted earnings per share increased 17% to $0.95 in the quarter, and for the first half of the year, adjusted earnings per share was up 12% to $1.83, even with the $0.05 headwind from a higher year-to-date tax rate. Free cash flow was up 11% to $439MM in the first six months of 2015 compared to $395MM in prior year period.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($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.