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$M 2Q15 PR: Expects total sales to be down by approx. 1% in 2015 vs. previous guidance for growth of approx. 1%. Maintaining 2015 guidance for diluted EPS to be $4.70-4.80 due to expected $250MM gain on the sale of real estate in downtown Brooklyn, which was not factored into previous calculations.
Visa ($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.