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$CSAL said its Leasing segment revenue is expected to be $675MM in 2016, including $21MM of non-cash straight line rent and deferred revenue amortization. Consumer CLEC revenue is expected to be $21-22MM and average adjusted EBITDA margins of 21% for 2016. SG&A is expected in the range of $36.5-37.5MM, including $5MM of stock-based compensation.
Visa ($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.