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$MLM 1Q15 10-Q: Magnesia Specialties continued to deliver strong performance and generated net sales of $58.8MM, an increase of 2.5%. Growth was primarily attributable to the chemicals product line and steel utilization of 77%. Gross margin of 34.3% improved 160 bps vs. 1Q14. 1Q15 earnings from operations were $17.8MM vs. $16.3MM in 1Q14.
Visa ($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.