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For 2Q16, $FRAN expects net sales to be $106-110MM, assuming a mid-single digit decrease in comparable sales. Diluted EPS is expected to be $0.16-0.19, which includes a $0.04 per share impact due to the reversal of previously accrued stock-based compensation expense related to the forfeiture of unvested awards granted to the previous CEO.
Visa ($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.