Kimberly-Clark Q2 Adj EPS $1.65 Beats $1.48 Estimate, Sales $5.10B Miss $5.13B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kimberly-Clark reported Q2 earnings of $1.65 per share, beating the analyst consensus estimate of $1.48 by 11.49%. However, the company's quarterly sales of $5.10 billion missed the analyst consensus estimate of $5.13 billion by 0.58%.
July 25, 2023 | 11:03 am
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Kimberly-Clark's Q2 earnings beat estimates but sales fell short, which could lead to mixed market reactions.
While the earnings beat is a positive sign, the sales miss could be a concern for investors. This mixed result could lead to uncertainty in the market, potentially causing short-term volatility in the stock price.
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