Kimberly-Clark's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Kimberly-Clark (NYSE:KMB) is set to release its quarterly earnings report on Tuesday, 2023-10-24, with an estimated EPS of $1.59. The company's past performance shows a pattern of beating EPS estimates but experiencing slight share price drops. The stock is currently trading at $123.09, up 2.9% over the last 52-week period.
October 23, 2023 | 3:02 pm
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Kimberly-Clark's upcoming earnings report could impact its stock price. Despite consistently beating EPS estimates, the company's share price has typically dropped slightly after earnings announcements.
Kimberly-Clark has a history of beating EPS estimates, which is generally a positive signal. However, the company's stock price has typically dropped after earnings announcements, suggesting that investors may have higher expectations or there may be other factors at play. Given this pattern, the upcoming earnings report could potentially lead to a short-term drop in the stock price.
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