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For 2016, including the impact of the California, Texas, and Florida acquisition, $FTR expects adjusted free cash flow to be $800-925MM and Capex for combined operations to be $1,250-1,400MM. $FTR expects 2016 cash taxes to be in the range of $5-15MM.
Visa ($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.