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$ADP still expects revenue growth of about 7-9% on constant dollar basis. The company now sees 2016 adjusted EPS growth of about 12% compared to prior forecast of 11-13% growth. On a constant dollar basis, adjusted EPS is expected to rise about 13% compared to prior 12-14% growth forecast.
Visa ($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.