Kimberly-Clark Raises FY23 Outlook, Sees Organic Sales Growth 4%-5% Up From 3%-5% Earlier, Adj. EPS Growth Of 15%-17% From 10%-14% Prior
Portfolio Pulse from Benzinga Newsdesk
Kimberly-Clark has raised its FY23 outlook, expecting organic sales growth of 4%-5%, up from the previous 3%-5%. The company also anticipates an adjusted EPS growth of 15%-17%, an increase from the prior 10%-14%.
October 24, 2023 | 11:21 am
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POSITIVE IMPACT
Kimberly-Clark's updated FY23 outlook indicates higher expected organic sales growth and adjusted EPS growth. This positive news could potentially lead to an increase in the company's stock price in the short term.
The company's updated outlook shows an increase in expected organic sales growth and adjusted EPS growth, which are key indicators of a company's financial health and profitability. This positive news could make the company's stock more attractive to investors, potentially leading to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100