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$CAA said order value rose 9% across the company on a pro forma basis, ranging from up 14% in the West to up 5% in the Southwest. The company currently anticipates a 95-100% backlog conversion on homes expected to close in 2Q16, equating to about a 45-50% conversion rate on the entire backlog as of March 31, 2016.
Visa ($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.