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Kimberly-Clark beats by $0.11, beats on revenue
Kimberly-Clark (NYSE:KMB): Q1 Non-GAAP EPS of $1.66 beats by $0.11; GAAP EPS of $1.31.
Revenue of $4.63B (-2.1% Y/Y) beats by $80M.
Kimberly-Clark (NYSE:KMB) reports organic sales rose 3% in Q1 vs. +1.1% consensus to help the company top estimates on both lines of its report.
Pricing was up 4% during the quarter to help offset a 2% drop in volume. Higher prices were seen in the personal care (+5%), consumer tissue (+6%)
and K-C professional (+3%) segments.
Operating margin came in at 17.4% of sales vs. 16.6% consensus.
Looking ahead, Kimberly-Clark sees full-year organic growth of 2% and EPS of $6.50 to $6.70 vs. $6.62 consensus.
Shares of KMB are up 5.44% premarket to $130.22.
https://seekingalpha.com/news/3452300-ki...ngs-topper
Kimberly-Clark beats by $0.11, beats on revenue
Kimberly-Clark (NYSE:KMB): Q1 Non-GAAP EPS of $1.66 beats by $0.11; GAAP EPS of $1.31.
Revenue of $4.63B (-2.1% Y/Y) beats by $80M.
Kimberly-Clark (NYSE:KMB) reports organic sales rose 3% in Q1 vs. +1.1% consensus to help the company top estimates on both lines of its report.
Pricing was up 4% during the quarter to help offset a 2% drop in volume. Higher prices were seen in the personal care (+5%), consumer tissue (+6%)
and K-C professional (+3%) segments.
Operating margin came in at 17.4% of sales vs. 16.6% consensus.
Looking ahead, Kimberly-Clark sees full-year organic growth of 2% and EPS of $6.50 to $6.70 vs. $6.62 consensus.
Shares of KMB are up 5.44% premarket to $130.22.
https://seekingalpha.com/news/3452300-ki...ngs-topper
