Kimberly Clark Corp (KMB) Announces Quarterly Results

Kimberly Clark Corp (KMB) posted its quarterly earnings results on Friday. The company reported $1.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.17 by $0.07. The company’s quarterly revenue was up 4.2% on a year-over-year basis.

A number of research firms have also recently commented on KMB. Analysts at Zacks reiterated a “neutral” rating on shares of Kimberly Clark Corp in a research note to investors on Friday, June 8th. They now have a $85.00 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Kimberly Clark Corp to $80.00 in a research note to investors on Monday, April 23rd. They now have a “market perform” rating on the stock.

Kimberly Clark Corp (KMB) traded down 0.11% on Friday, hitting $82.48. Kimberly Clark Corp (KMB) has a 52-week low of $61.00 and a 52-week high of $82.93. The company has a market cap of $32.342 billion and a price-to-earnings ratio of 19.14.

Kimberly-Clark Corporation (Kimberly Clark), is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers using advanced technologies in fibers, nonwovens and absorbency.

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Posted by Web Inquirer Staff on 16 Jun 2012. Filed under Markets. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.