Kimberly-Clark (KMB) Tops Q1 Earnings Estimates, Ups FY24 View [Yahoo! Finance]
Kimberly-Clark Corporation (KMB)
Last kimberly-clark corporation earnings: 4/22 07:30 am
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Source: Yahoo! Finance
The top line also surpassed the consensus mark but declined year over year. Taking into account a solid start to fiscal 2024, management raised its annual guidance. Quarter in Detail Adjusted earnings came in at $2.01 per share, surpassing the Zacks Consensus Estimate of $1.61. The bottom line increased 20% year over year, courtesy of higher adjusted operating profit. Reduced net interest, effective tax rate as well as increased equity income were upsides. Kimberly-Clark's sales totaled $5,149 million, surpassing the consensus estimate of $5,075.8 million. The metric inched down 1% compared with the year-ago period's figure. Unfavorable foreign currency rates affected sales by nearly 5% and the divestiture of KMB's tissue and K-C Professional business in Brazil dented sales by about 1%. Organic sales increased 6% on the back of a 4% rise in price stemming from pricing actions undertaken to tackle increased local costs in hyperinflationary economies, especially across Argentina
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KMB
News
- Kimberly-Clark Declares Quarterly DividendPR Newswire
- Kimberly-Clark Professional™ Announces Greenovation Awards for Sustainability Leadership and Waste Reduction [Yahoo! Finance]Yahoo! Finance
- Kimberly-Clark Professional™ Announces Greenovation Awards for Sustainability Leadership and Waste ReductionPR Newswire
- Help Fight Period Poverty with U by Kotex®, Thinx® and Walgreens [Yahoo! Finance]Yahoo! Finance
- Help Fight Period Poverty with U by Kotex®, Thinx® and WalgreensPR Newswire
KMB
Earnings
- 4/23/24 - Beat
KMB
Sec Filings
- 5/2/24 - Form 8-K
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- KMB's page on the SEC website