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In 1Q16, $EXPE's Hotel revenue growth was 25%. The company saw solid performance in air and car products. Air revenue grew 54% YoverY on 52% volume growth. Car revenue was up 39% on 48% growth in car days partially offset by a 6% decline in revenue per day. Orbitz added about 34% to air and 27% to car volume growth.
Visa ($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.