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$ATVI said that for 2016 the company expects GAAP revenue to be $6.1Bil and EPS expectation is of $0.69. For 2Q16, the company expects GAAP net revenue of $1.42Bil and EPS of $0.10. On a non-GAAP basis, 2016 net revenue is expected to be $6.27Bil. For 2Q16, non-GAAP EPS expectation is of $0.38 per share.
Visa ($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.