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For 4Q16, $SYMC's non-GAAP operating margin was 25%. Cash flow from continuing operating activities for the March quarter totaled $1.2Bil. This includes $74MM and outflows related to restructuring and separation costs and $900MM benefit from taxes payable related to gain on the sale of Veritas.
Visa ($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.