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$EL 4Q15 Call: For fiscal 2016, we expect our tax rate to be in range of 29-30%. Diluted EPS is expected to range between $3.10-3.17, including $0.05 of dilution from acquisitions. Compared to our FY15 EPS of $3.05 before charges & accelerated orders, EPS is expected to grow between 2-4%. In constant currency, we expect our EPS to rise by 8-10%.
Visa ($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.