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Lena Zhang of Summit Redstone Partners questions $IDTI if the automotive business was a little bit lighter than guidance. CEO Greg Waters said the automotive demand is strong and it was not lighter than guided. He added that YonY and QonQ compares are up and the long-term outlook, even outside things like infotainment, is extremely strong.
Visa ($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.