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Kimberly-Clark Earnings Miss, Revenue Beats In Q3 -Breaking

by Mike Robinson

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© Reuters. Kimberly Clark Earnings Fall, Revenue Beats in Q3

Kimberly-Clark reported Monday that the third quarter ended in a disappointing report by Investing.com (NYSE:). However, revenue exceeded analysts’ expectations.

Kimberly-Clark reported earnings per share at $1.62 on $5.01B in revenue. Investing.com polled analysts and predicted EPS at $1.65 for revenue of $4.98B.

Kimberly-Clark shares have fallen 1% since the start of the year. However, they are still 7.89% below their 52-week high of $144.44, which was set November 17, 2020. They are under-performing the S&P 500 which is up 21% from the start of the year.

Kimberly-Clark shares fell by 2.29% during pre-market trading following the report.

Kimberly-Clark follows other major Consumer/Non-Cyclical sector earnings this month

Kimberly-Clark’s earnings report comes after a PepsiCo earnings beat of October 5th, which reported EPS $1.79 on revenues of $20.19B. Forecasts for EPS $1.73 on revenues of $19.39B.

Philip Morris beat all expectations with third-quarter EPS at $1.58 on $8.12B in revenue, as compared to $1.56 forecasted on $7.94B revenue.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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