Kimberly-Clark Earnings, Revenue Beat in Q1
2022.04.22 14:46
Kimberly-Clark Earnings, Revenue Beat in Q1
Investing.com – Kimberly-Clark (NYSE:KMB) reported on Friday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Kimberly-Clark announced earnings per share of $1.35 on revenue of $5.1B. Analysts polled by Investing.com anticipated EPS of $1.23 on revenue of $4.9B.
Kimberly-Clark shares are down 10% from the beginning of the year, still down 12.13% from its 52 week high of $145.79 set on January 10. They are under-performing the S&P 500 which is down 7.82% from the start of the year.
Kimberly-Clark shares gained 2.96% in pre-market trade following the report.
Kimberly-Clark follows other major Consumer Staples sector earnings this month
Kimberly-Clark’s report follows an earnings beat by Procter&Gamble on Wednesday, who reported EPS of $1.33 on revenue of $19.38B, compared to forecasts EPS of $1.3 on revenue of $18.72B.
Costco had beat expectations on March 3 with second quarter EPS of $2.92 on revenue of $51.9B, compared to forecast for EPS of $2.76 on revenue of $51.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
