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One of nation's largest homebuilders $LEN, today reported a significant increase in 3Q15 net earnings attributable to Lennar of 25.9% and also had an increase of 23.6% in revenues YoverY. $LEN's operating results in its core homebuilding business continued to be strong. Avg. sales price of homes delivered reported a 5% increase YoverY to $350,000.
Visa ($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.