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Kimberly-Clark (KMB) Beats on Q4 Earnings and Revenue

Kimberly-Clark CorporationKMB 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 measures, regular innovations, input cost deflation, growth initiatives and a strong international presence are strong pillars of the company and have been driving earnings for the past many quarters. However, Kimberly-Clark has been facing headwinds of late, which is driving down its share price. Sluggish organic sales growth, unfavorable currency and increased competition are eroding sales growth.

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 remained unchanged over the past 30 days period. KMB has a mixed history in earnings season. KMB has delivered two positive and two negative surprise in the last four quarters, making for a positive average surprise of 0.50%.

Currently, KMB has a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank stocks here . The Zacks Rank 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: KMB beats on earnings. Our consensus called for EPS of $1.42, and the company posted adjusted EPS of $1.45 per share instead. Investors should note that these figures take out stock option expenses.

Revenue: KMB posted revenues of $4.544 billion, beating our consensus estimate of $4.522 billion.

Key Stats to Note: Organic sales increased 1% in the quarter, with a growth witnessed in developing and emerging markets.

Stock Price: Shares were inactive in pre-market trading .

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

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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