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$MET posted a sharp decline in its 3Q15 profit, hurt by a charge tied to federal tax dispute. The quarter's net income dropped 42% to $1.2Bil or $1.06 per share, from $2.06Bil or $1.81 per share a year earlier. The firm's total operating revenue dropped slightly to $17.97Bil from $17.92Bil in 3Q14.
Visa ($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.