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$VRSN reported a fall in 3Q15 earnings due to higher income tax expense. Net income was $92.46MM or $0.70 per share compared to $95.25MM or $0.69 per share last year. Revenue grew to $265.78MM from $255.02MM. Non-GAAP net income rose to $103MM or $0.78 per share from $97MM or $0.70 per share last year.
Visa ($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.