Kimberly-Clark Q3 Adj. EPS $1.74 Beats $1.59 Estimate, Sales $5.13B Miss $5.15B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kimberly-Clark reported Q3 earnings of $1.74 per share, beating the analyst consensus estimate of $1.59 by 9.43%. This is a 24.29% increase from the same period last year. However, the company's quarterly sales of $5.13 billion missed the analyst consensus estimate of $5.15 billion by 0.35%, though it's a 1.56% increase from last year.
October 24, 2023 | 11:18 am
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Kimberly-Clark's Q3 earnings beat estimates but sales missed, indicating mixed performance.
Kimberly-Clark's Q3 earnings beat the estimates, which is a positive signal for investors. However, the company's sales missed the estimates, which could be a concern. The net impact on the stock is neutral in the short term as the positive and negative news balance each other out.
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