Kimberly-Clark Announces Third Quarter 2020 Results
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Kimberly-Clark (KMB) Misses Q3 EPS by 3c, Revenues Beat; Raises FY20 EPS Guidance
October 22, 2020 7:34 AM EDTKimberly-Clark (NYSE: KMB) reported Q3 EPS of $1.72, $0.03 worse than the analyst estimate of $1.75. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.58 billion.
Executive Summary
Third quarter 2020 net sales of $4.7 billion increased 1 percent compared to the year-ago period, including organic sales growth of 3 percent.Diluted net income per share for the third quarter was $1.38 in 2020 and $1.94 in 2019.Third quarter adjusted earnings per share were $1.72 in 2020 compared to $1.84 in 2019. Adjusted earnings per share exclude certain items described later in this news release.Diluted net... More