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$QCOM said it will no longer provide guidance on total company annual revenue & EPS. It is also not changing any previously provided guidance metrics, specifically 20% plus operating margin target for QCT or 86%-8% operating margin target for QTL or ongoing capital return commitments. For 4Q16, $QCOM targets QCT operating margin of at least 16%.
Visa ($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.