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$CAT 2Q15 Call: Excluding restructuring costs, outlook reflects about $1.24 decline in profit per share 1H15 to 2H15 due to lower 2H sales, about $1Bil; seasonal cost patterns; absence of 1Q gain on sale of remaining interest in third-party logistics business; some negative 2H sales mix related to oil & gas; and more negative inventory absorption.
Visa ($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.