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$VSTO expects FY17 sales of $2.72-2.78Bil and EPS of $2.65-2.85. The company expects FY17 interest expense of about $45MM, tax rate of about 37%, capital expenditures of about $90MM and free cash flow of $130-160MM. The EPS guidance includes EPS resulting from Action Sports acquisition, which it sees to be $0.07-0.10.
Visa ($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.