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Reading, Pennsylvania-based $ENS said that 4Q16 sales were down YoverY, hurt by foreign exchange rates and continued pause in reserve power spending in the Middle East, Russia and the Americas. $ENS added that its operating expenses were higher in 4Q16 due to executive management transition and higher bad debt reserves.
Visa ($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.