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Equity-method investment earnings were $37MM for 1Q16 compared to $26MM in the year-ago period. The YoverY increase generally reflects the inclusion of a full quarter's profits for the Ardent Mills JV. 1Q15 only included two months of earnings from this JV. $CAG's corporate expenses were approx. $85MM in 1Q16.
Visa ($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.