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$TYPE's updated outlook also includes 3Q16 net income expectation in the range of $2-4.1MM, down from the earlier issued guidance of $5.5-7.2MM. For FY16, $TYPE expects net income in the range of $14.9-19MM, down from the earlier guidance of $25.4-28.6MM. Diluted EPS for 3Q16 & FY16 is expected in the range of $0.05-0.10 & $0.37-0.48 respectively.
Visa ($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.