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$ADSK's R&D expenses rose 1% during 1Q17 vs. 1Q15 primarily due to an increase in stock-based compensation expense as a result of a higher fair market value of awards granted. This was partially offset by a decrease in professional fees. The company expects R&D expense to increase in absolute dollars and as a percentage of net revenue during 2Q17.
Visa ($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.