Want to join the conversation?
Chandler, Arizona-based chipmaker $MCHP said that 3Q16 will be the strongest quarter of the year in Europe, but will be offset by the negative impact of Chinese New Year holidays. The company expects 4Q16 adjusted EPS to be in the range of $0.65-0.69 per share, with adjusted gross margin to be between 57.9% and 58.1% of sales.
Visa ($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.