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Gregg Gilbert of Deutsche Bank asks if the full year guidance increase has to do anything with selling days. $PFE CFO Frank replied that the selling days in 2016 haven't changed since the company issued its initial 2016 guidance on its last earnings call. He added the improved guidance has to do with the strong operational performance and ForEx.
Visa ($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.