Want to join the conversation?
$MDLZ's Latin America net revenue fell 35% in 1Q16, mainly due to deconsolidation of the Venezuelan operations. Net revenue in Asia Pacific, EMEA, and Europe fell in the quarter, primarily due to deconsolidating the coffee business. North America net revenue fell 0.4%, mainly due to the impact of an accounting calendar change made in prior year.
Visa ($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.