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$VZ 2Q15 Call: Tablet net adds were 852,000 and net prepaid devices fell by 126,000. Total postpaid device activations were 11.3MM. 4G devices comprise approx. 73% of retail postpaid connections base. Wireless capital spending was $3.1Bil. FiOS consumer revenue up 9.8% to 79%. Global enterprise revenue down 6.4%. Global wholesale revenue down 4.5%.
Visa ($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.