Kimberly-Clark: Q1 Earnings Snapshot
By AP News
Published - Apr 23, 2024, 07:09 AM ET
Last Updated - Apr 23, 2024, 07:09 AM EDT
DALLAS (AP) — DALLAS (AP) — Kimberly-Clark Corp. (KMB) on Tuesday reported first-quarter earnings of $647 million.
The Dallas-based company said it had profit of $1.91 per share. Earnings, adjusted for non-recurring costs, were $2.01 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The maker of consumer products such as Huggies diapers and Kleenex tissue posted revenue of $5.15 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $5.08 billion.
