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MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, DOWNBEAT GDP

Caterpillar sinks 7% after earnings, management sees weakness in Europe, Asia-Pacific

Kimberly-Clark (KMB) Lags on Earnings and Revenue Estimates - Tale of the Tape

Zacks Equity Research
Updated

Kimberly-Clark Corporation (KMB) is one of the leading players in several consumer product categories including diapers, paper goods, and female personal care. Kimberly-Clark regularly focuses on improving its products through innovation in order to remain competitive and drive growth.


Kimberly-Clark’s cost saving initiatives, better pricing, lower operating expenses and continued product innovation are strong pillars of the company and have been driving earnings for the past many quarters. However, much like the rest of the consumer staple companies, Kimberly-Clark remains exposed to sluggish overall consumer spending environment. Due to this, investors are eagerly awaiting Kimberly-Clark’s earnings report.


Investors should also note the recent earnings estimate revisions for KMB, as the consensus estimate has been moving slightly lower. Moreover, KMB has a mixed history in earnings season. Kimberly-Clark has delivered positive surprise in two of the last four quarters, with in line earnings results in the other two, making for an average surprise of 1.85%.

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Currently, Kimberly-Clark has a Zacks Rank #3 (Hold), but that could definitely change following Kimberly-Clark’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:


Earnings:  Kimberly-Clark lags on earnings. Our consensus called for EPS of $1.37, and the company reported EPS of $1.35 per share instead. Investors should note that these figures take out stock option expenses.


Revenue: Kimberly-Clark posted revenues of $4.8 billion. This lags our consensus estimate by $92 million.


Key Stats to Note: Despite lower-than-expected earnings and revenues, organic sales rose 3%, driven by 2% higher selling prices and 1% improved volumes.


Check back later for our full write up on this KMB earnings report later!

 

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KIMBERLY CLARK (KMB): Free Stock Analysis Report
 
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Zacks Investment Research