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$GPRO 2Q15 Call: 3Q15 Outlook: We anticipate revenue between $430MM & $445MM and at midpoint of this guidance, it represents a 56% YoverY increase. GM will be 46% plus or minus 50 bps up from the 44.5% in the prior-year comparable quarter. We anticipate our OpEx will be between $140MM and $145MM with once again majority of growth coming from R&D.
Visa ($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.