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$EQR 2Q15 PR: Total revenue for the quarter was $679.11MM compared to $652.57MM in 2Q14. Net income for the quarter was $298.61MM compared to $111.65MM in 2Q14. On a same store 2Q15 to 2Q14 comparison, which includes 97,580 apartment units, revenues increased 4.9%, expenses increased 3.7% and NOI increased 5.5%.
Visa ($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.