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Medical testing and diagnostic products maker $TECH reported a drop in 4Q16 earnings due to negative impact by mix of lower-margin acquisitions, investments and higher stock based compensation. Net income slid to $25.63MM or $0.69 per share from $26.33MM or $0.71 per share in 4Q15. Net sales grew 15% to $134.76MM. Adjusted EPS rose 2% to $0.92.
Visa ($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.