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Construction materials company $VMC reported a jump in 4Q15 earnings driven by strong revenue growth and margin expansion as gradual recovery in construction activity continues across most of its markets. Net income rose to $88.89MM or $0.65 per share from $38.02MM or $0.28 per share last year. Revenue grew 14% to $857.29MM.
Visa ($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.