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$CMS said that it has raised its 2016 diluted EPS guidance to $1.99-2.02, up 5-7% over 2015. In 2017, EPS is expected to increase by 6-8% over 2016 actual EPS, taking care that residential customer bills remain below the national average. The company increased its projected spending on CapEx over the next 10 years from $15.5Bil to $17Bil.
Visa ($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.