Kimberly Clark Corp (KMB) Announces Quarterly Results
Kimberly Clark Corp (KMB) announced its 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. Kimberly Clark Corp’s revenue was up 4.2% compared to the same quarter last year.
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 1.92% on Wednesday, hitting $81.61. Kimberly Clark Corp (KMB) has a 1-year low of $61.00 and a 1-year high of $83.33. The company has a market cap of $32.001 billion and a price-to-earnings ratio of 19.29.
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.