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$V 3Q15 Call: Expect 4Q15 net revenue growth to approach double digit despite continuing foreign exchange rate headwinds and higher client incentive than 3Q15. Total operating expenses for 3Q15 were up 11% over the prior year. Expense growth rate will moderate from 3Q15 level with the full-year growth rate coming in the mid-single digit range.
Visa ($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.