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Ventilation products maker $LII said in 1Q16, adjusted EPS from continuing operations was $0.60, up 62% from 1Q15. In the Residential business, profit was up 23% on 5% revenue growth at constant currency. Segment margin rose 160BP to 10.2%. Residential mix and volume was negatively impacted by warmer weather in 1Q16.
Visa ($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.