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$NEE 2Q15 Call: Florida Power & Light reported net income of $435MM or $0.97 per share vs. $423MM or $0.96 in 2Q14. 2Q15 retail sales were up 7.6% QoverQ. After adjusting for effects of weather, 2Q15 retail sales increased 1.5%. Number of low usage & inactive customers continue to decline, 12-month average of low usage customers fell approx. 7.9%.
Visa ($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.