Kimberly-Clark (KMB) Tops Q4 EPS by 1c, Offers FY Guidance

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Kimberly-Clark Announces Year-End 2019 Results And 2020 Outlook

January 23, 2020 7:30 AM EST

DALLAS, Jan. 23, 2020 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported year-end 2019 results and provided its 2020 outlook.

Executive Summary

Fourth quarter 2019 net sales of $4.6 billion were even with the year-ago period, while organic sales increased 3 percent. Full-year 2019 net sales of $18.5 billion were even with the year-ago period, while organic sales increased 4 percent. Diluted net income per share for the fourth quarter was $1.59 in 2019 and $1.18 in 2018. Full-year diluted net income per share was $6.24 in 2019 and $4.03 in 2018. Fourth quarter adjusted earnings per share were $1.71 in 2019, up 7... More