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Airline company $LUV said that in Feb. 2016, it flew 8.6Bil revenue passenger miles (RPMs), up 13.5% vs. Feb. 2015. Available seat miles (ASMs) rose 14.7% to 10.9Bil vs. 9.5Bil in Feb. 2015. The Feb. 2016 load factor was 79% vs. 79.9% in Feb. 2015. Based on these results , $LUV expects 1Q16 operating revenue per ASM (RASM) to be in line with 1Q15.
Visa ($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.