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$JPM's Consumer & Investment Bank segment reported net income of $1.5Bil on revenue of $8.2Bil and ROE of 13%. Commercial Banking segment generated net income of $518MM on revenue of $1.6Bil and ROE of 14%. Asset Management segment reported net income of $475MM on revenue of $2.9Bil and ROE of 20%.
Visa ($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.