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$KR said that for FY16 it expects net earnings in the range of $2.19-2.28 per diluted share and expects its core business to grow in line with its long-term net diluted EPS growth rate of 8-11%. The company also expects capital investments, excluding mergers, acquisitions and purchases of leased facilities, to be in the $4.1-4.4Bil range for 2016.
Visa ($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.