Kimberly Clark Corp (KMB) Releases Quarterly Earnings, Beats Estimates By $0.07 EPS

Kimberly Clark Corp (KMB) released its earnings data on Friday. The company reported $1.24 earnings per share for the quarter, beating the analysts’ 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 Monday, April 23rd. They now have a $80.00 price target on the stock. On the ratings front, 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. Finally, analysts at Bank of America (NYSE: BAC) raised their price target on shares of Kimberly Clark Corp from $80.00 to $84.00 in a research note to investors on Monday, April 23rd. They now have a “buy” rating on the stock.

Shares of Kimberly Clark Corp (KMB) traded up 0.84% during mid-day trading on Wednesday, hitting $79.54. Kimberly Clark Corp (KMB) has a 52 week low of $61.00 and a 52 week high of $79.25. The company has a market cap of $31.189 billion and a P/E ratio of 18.28.

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 9 May 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.