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Second largest US oil company $CVX said excluding foreign exchange and special items, loss for 1Q16 totaled $211MM or a negative $0.11 per share. Cash from operations for 1Q16 was $1.1Bil and the company's debt ratio at the end of the quarter was 22%. $CVX's net debt ratio was 18% in 1Q16.
Visa ($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.