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$BRC said that 3Q16 Identification Solutions sales fell 1.9% to $197MM. The company's European IDS business had solid organic sales growth improving by mid-single digits vs. 3Q15, while Americas and Asian regions experienced weak organic sales. Segment profit was $46.6MM vs. $41.6MM in 3Q15, while profit margin was 23.6% vs. 20.7% in 3Q15.
Visa ($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.