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$HBAN 2Q15 Call: Strong revenue growth for the record setting quarter resulting net income growth of 19% over 2Q14. Earnings per common share of $0.23 up 21% YoverY, these results equated to a 1.16% return on assets and a 14.4% return on tangible common equity. Total YoverY revenue growth of 9% benefited equally from Spread revenues and Fee income.
Visa ($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.