Kimberly-Clark: Q1 Earnings Snapshot
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.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMB at https://www.zacks.com/ap/KMB
