Kimberly-Clark (KMB) Tops Q2 EPS by 18c; raises outlook
Kimberly-Clark (NYSE: KMB) reported Q2 EPS of $1.65, $0.18 better than the analyst estimate of $1.47. Revenue for the quarter came in at $5.1 billion versus the consensus estimate of $5.11 billion.
Raised 2023 outlook for organic growth to 3% - 5%, and for adjusted earnings per share growth of 10% - 14%, with adjusted operating margin up 150 basis points at the midpoint versus last year.
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