Kimberly-Clark (KMB) Raises Quarterly Dividend 3.1% to $1.00; 3.4% Yield
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Kimberly Clark (KMB) PT Lowered to $121 at Deutsche Bank
January 24, 2018 8:29 AM ESTDeutsche Bank lowered its price target on Kimberly Clark (NYSE: KMB) to $121.00 (from $125.00) while maintaining a Hold rating.
Deutsche Bank views the newly-announced 2018 Global Restructuring Program favorably, believing it generally well thought out and believing in KMB's broad ability to implement effective cost savings initiatives.
... MoreKimberly-Clark (KMB) Tops Q4 EPS by 2c, Slight Miss on Revenues; To Cut Workforce by 5,000-5,500
January 23, 2018 7:33 AM ESTKimberly-Clark (NYSE: KMB) reported Q4 EPS of $1.57, $0.02 better than the analyst estimate of $1.55. Revenue for the quarter came in at $4.58 billion versus the consensus estimate of $4.59 billion.
2018 Outlook and Key Planning Assumptions
The company's key planning and guidance assumptions for 2018 are as follows:
Net sales increase of 1 to 2 percent.Organic sales are expected to increase approximately 1 percent, driven by higher volumes. Changes in net selling prices and product mix are expected to be similar, or up slightly, year-on-year.Changes in foreign currency exchange rates are anticipated... More