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$EXC is affirming its full-year 2016 guidance range of $2.40-2.70 per share which now includes the contribution from PHI and assumes an average of 926MM shares outstanding for 2016. With the inclusion of PHI, $EXC expects to realize $700-850MM of additional cash from 2017-2019.
Visa ($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.