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$VIAB 2Q15 10-Q: Revenues were $3,078MM vs. $3,174MM in 2Q14. Total expenses were $3,040MM vs. $2302MM in 2Q14. Operating income was $38MM vs. $872MM in 2Q14. Net income/loss was $(53)MM vs. $502MM in 2Q14. Diluted earnings per share were $(0.13) vs. $1.13 in 2Q14. Comprehensive income was $(209)MM vs. $510MM in 2Q14.
Visa ($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.