Want to join the conversation?
Rod Lache of Deutsche Bank inquires if the decline in CAF mostly a function of frequency or severity as $KMX is seeing some modest declines in used car prices. CFO Tom Reedy replied that it is a little bit of both. In 1Q17, it was a little bit more severity and looking at the recovery rate YoverY, it was more impactful last quarter.
Visa ($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.