Want to join the conversation?
$CA expects FY17 total revenue to increase in range of flat to plus 1% in constant currency, unchanged from prior guidance. At June 30, 2016 exchange rates, this translates to reported revenue of $4.03-4.07Bil. $CA cut full-year GAAP operating margin guidance to 29% from 30%, while it still sees non-GAAP operating margin of 38%.
Visa ($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.