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$HPT said its Carlson portfolio's RevPAR decreased by 5% during 1Q16, mainly due to modest Super Bowl related results at one Silicon Valley hotel in 2016 versus strong Super Bowl growth at two Phoenix hotels in 1Q15. RevPAR and gross profit margin percentage continue to be strongest among the company's extended stay and select services portfolios.
Visa ($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.