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$AIV said it expects 2017 revenue growth of 3.75-4.75%. This growth rate is based on the earn-in of 2016 leasing activity, renewal rates of 4.5% and new lease rates of 3.9%, as estimated by third-party data providers. OpEx is to increase 2.5-3% in 2017, which is based on market level inflation adjustments, which are also projected by third parties.
Visa ($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.