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$SE 2Q15 PR: Operating income for quarter was $406MM compared to $338MM for same period last year. Operating expenses for quarter were $786MM compared to $915MM for the same period last year. Ongoing net income from controlling interests was $156MM, or $0.23 diluted earnings per share compared with $146MM or $0.22 diluted EPS in second quarter 2014
Visa ($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.