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Gary Mobley of Benchmark asks about the extension in the expected contract life, which is now at up to 2.6 years, if one large contract is driving that up. $CDNS said the company is generally focused on deal quality and maximizing deal quality. The company said it will vary and will continue to vary quarter to quarter.
Visa ($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.