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$MDLZ's 3Q15 organic revenue grew 3.7%, led by its pricing actions to recover commodity & currency driven input costs primarily in high inflation markets. Further, $MDLZ delivered strong operating gains; however, as expected these gains were offset by below the line items including dilution related to the creation of its coffee JV and higher taxes.
Visa ($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.