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$EIX 2Q15 Call: Depreciation expense increased by $0.06 per share, reflecting SCE’s ongoing wires investments. SCE’s weighted-average equity component for regulatory purposes was 48.9% at June 30, compared to 48.4% at the end of the first quarter. SCE is required to maintain a 48% common equity layer on a rolling 13-month basis.
Visa ($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.