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$BAX expects 1Q16 sales growth of 3-4%, on constant currency basis. On a reported basis, including impact of FX, $BAX sees sales to decline about 2%. $BAX projects 1Q16 EPS from continuing operations, before special items, of $0.28-0.30 and GAAP EPS of $3.64-3.67. For full-year 2016, $BAX predicts GAAP EPS of $9.15-9.28.
Visa ($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.