Kimberley-Clark Boosts FY24 Adj EPS Outlook To low-Teens Percentage Rate Growth From High-Single-Digit Growth
Portfolio Pulse from Benzinga Newsdesk
Kimberley-Clark has raised its adjusted EPS growth outlook for FY24 to a low-teens percentage rate from its previous forecast of high-single-digit growth.
April 23, 2024 | 11:07 am
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Kimberley-Clark has updated its FY24 adjusted EPS growth expectations to low-teens percentage rate, indicating a positive revision from its earlier high-single-digit growth forecast.
Raising the adjusted EPS growth outlook suggests Kimberley-Clark is experiencing better-than-expected financial performance or market conditions. This positive revision is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term as market sentiment around the company improves.
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