Kimberly-Clark Q4 Adj EPS $1.51 Misses $1.54 Estimate, Sales $4.97B Miss $4.98B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kimberly-Clark Corporation reported Q4 adjusted earnings per share (EPS) of $1.51, missing the consensus estimate of $1.54 by 1.95%. The company's quarterly sales were $4.97 billion, slightly below the expected $4.98 billion, marking a 0.20% miss. However, sales saw a marginal increase of 0.12% compared to the same period last year.
January 24, 2024 | 12:01 pm
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NEGATIVE IMPACT
Kimberly-Clark's Q4 earnings and sales slightly missed analyst estimates, which could lead to negative investor sentiment in the short term.
Missing both EPS and sales estimates, even by small margins, can often result in a negative short-term reaction from the market as it may signal potential underlying issues or a less optimistic outlook than expected by investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100