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$ROP 2Q15 Call: Gross margins in Industrial were over 50% &operating margins were over 28%. They were down 9% on revenue, but 5% of that is FX. Neptune project as it appears to us as virtually complete, so that was negative headwind of $8MM in 2Q15. Material analysis, they were up more than double-digit organic growth on adjusted foreign currency.
Visa ($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.