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On a non-GAAP basis, $REGN's cash tax rate for 3Q15 and for the nine months ended Sep. 30, 2015, were approx. 19% and 18% respectively of non-GAAP pre-tax income. $REGN tightened out its cash tax guidance as a percentage of non-GAAP pre-tax income to be between 16% & 20% for 2015 from previously provided range of between 15% & 22%.
Visa ($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.