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$TRIP 2Q15 PR: Revenue was up 25% to $405MM vs. $323MM in 2Q14. Net income was $58MM vs. $68MM in 2Q14. Operating income was $79MM vs. $100MM in 2Q14. Costs and expenses were $326MM vs. $223MM in 2Q14. Adjusted EBITDA decreased 5% to $123MM vs. $129MM in 2Q14. Cash flow from operating activities was $200MM, up 102% QoverQ and up 27% YoverY.
Visa ($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.