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Kimberly-Clark (KMB) Tops Q3 EPS by 13c; Raises FY19 EPS Guidance

October 22, 2019 7:35 AM EDT

Kimberly-Clark (NYSE: KMB) reported Q3 EPS of $1.94, $0.13 better than the analyst estimate of $1.81. Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.66 billion.

Executive Summary

Third quarter 2019 net sales of $4.6 billion increased 1 percent compared to the year-ago period. Organic sales increased 4 percent.Diluted net income per share for the third quarter was $1.94 in 2019 and $1.29 in 2018.Third quarter adjusted earnings per share were $1.84 in 2019 and $1.71 in 2018. Adjusted earnings per share exclude certain items described later in this news... More