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$CVS said revenue from Pharmacy Services segment for 4Q15 grew 11.1% to $26.51Bil from last year, on growth in specialty pharmacy, which includes impact of Omnicare acquisition and pharmacy network claims. Revenue from retail/LTC Segment increased 12.5% to $19.90Bil, on addition of long-term care operations acquired as part of Omnicare purchase.
Visa ($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.