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MoffettNathanson analyst Mike Nathanson asks $FOXA what the growth range in expenses would be for FY17 between US & international in Cable Networks. CFO John Nallen says that expense growth will be below what was seen in FY16. These were normalized increases from sports contracts, programming investments, especially around political and Fox News.
Visa ($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.