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$PCG said it is assuming CapEx of roughly $5.6Bil in 2016. Weighted average authorized rate base is estimated to be about $32.6Bil for the year 2016. The company stated that both the CapEx and rate base assumptions are consistent with ranges provided previously.
Visa ($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.