Kimberly Clark (KMB) Set to Announce Quarterly Earnings on Tuesday
Kimberly Clark (NYSE:KMB) is set to issue its quarterly earnings data before the market opens on Tuesday, January 23rd. Analysts expect the company to announce earnings of $1.55 per share for the quarter.
Kimberly Clark (NYSE:KMB) last announced its quarterly earnings data on Monday, October 23rd. The company reported $1.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.54 by $0.06. The company had revenue of $4.64 billion for the quarter, compared to the consensus estimate of $4.65 billion. Kimberly Clark had a return on equity of 666.97% and a net margin of 11.89%. Kimberly Clark’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.52 EPS. On average, analysts expect Kimberly Clark to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Kimberly Clark (KMB) opened at $112.98 on Tuesday. The company has a market capitalization of $39,740.00, a price-to-earnings ratio of 18.64, a price-to-earnings-growth ratio of 2.77 and a beta of 0.75. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64. Kimberly Clark has a 12-month low of $109.67 and a 12-month high of $136.21.
KMB has been the topic of several research analyst reports. Zacks Investment Research raised Kimberly Clark from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $121.00 price objective on shares of Kimberly Clark in a research report on Friday, October 13th. JPMorgan Chase & Co. downgraded Kimberly Clark from a “neutral” rating to an “underweight” rating and cut their price objective for the company from $115.55 to $100.00 in a research report on Friday, October 20th. Citigroup reiterated a “hold” rating and issued a $125.00 target price (down from $131.00) on shares of Kimberly Clark in a report on Tuesday, October 24th. Finally, Wells Fargo & Co lowered their target price on Kimberly Clark from $121.00 to $117.00 and set a “market perform” rating for the company in a report on Tuesday, October 24th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $126.50.
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Kimberly Clark Company Profile
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
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