Kimberly-Clark (KMB) Misses Q1 EPS by 12c, Lowers FY EPS Guidance

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Kimberly-Clark Announces First Quarter 2021 Results

April 23, 2021 7:30 AM EDT

DALLAS, April 23, 2021 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2021 results.

Executive Summary

First quarter 2021 net sales of $4.7 billion decreased 5 percent compared to the year-ago period, including an organic sales decline of 8 percent. Diluted net income per share for the first quarter was $1.72 in 2021 and $1.92 in 2020. First quarter adjusted earnings per share were $1.80 in 2021 compared to $2.13 in 2020. Adjusted earnings per share exclude certain items described later in this news release. Diluted net income per share for 2021 is anticipated to be... More