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Media and entertainment company $FOXA posted 4Q15 net income attributable to the company of $672MM or $0.34 per share, which declined drastically from $6.21Bil or $2.88 per share a year ago. Revenue fell about 8.4% to $7.4Bil from $8.1Bil in 4Q14. Excluding items, earnings were $855MM or $0.44 per share in 4Q15.
Visa ($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.