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$FB said that in 1Q16, the company has over 3MM active advertisers on Facebook and over 200,000 on Instagram. Europe and Rest of World grew ad revenue at 49% and 35% respectively, with Rest of World impacted by foreign exchange headwinds. In 1Q16, the avg. price per ad rose 5%, while total ad impressions rose 50%.
Visa ($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.