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Michael Ciarmoli of KeyBanc Capital Markets asks about $AVAV's government funding. CFO Raymond Cook said funded backlog in FY15 was $64.7MM and unfunded backlog was $19MM totaling about $83MM. In FY16, funded backlog was $65.8MM and unfunded backlog was $16.7MM which totals about $83MM. So the levels are pretty similar.
Visa ($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.