CORRECTION: Kimberly-Clark Q3 2024 Adj. EPS $1.83 Beats $1.70 Estimate, Sales $4.952B Miss $5.048B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kimberly-Clark's Q3 2024 earnings per share exceeded expectations, but sales fell short. The company reported an EPS of $1.83, beating the $1.70 estimate, while sales were $4.952 billion, missing the $5.048 billion estimate.
October 22, 2024 | 11:38 am
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Kimberly-Clark's Q3 2024 earnings per share of $1.83 beat expectations, but sales of $4.952 billion missed estimates. EPS increased by 5.17% year-over-year, while sales decreased by 3.51%.
The positive EPS surprise is offset by the sales miss, leading to a neutral short-term impact. The EPS beat indicates operational efficiency, but the sales decline suggests potential market challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100