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$AYI, which competes with $RVLT and $GFF, said that in 2Q16 it added back pre-tax $8MM or $0.12 per diluted share for various acquisition-related items, pre-tax $6MM or $0.09 per diluted share for the amortization of acquired intangible assets, $6.6MM or $0.10 per diluted share for share-based compensation expense and $0.1MM for special charges.
Visa ($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.