Shares of Kimberly-Clark KMB rose 3.8% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 31.74% over the past year to $2.20, which beat the estimate of $1.77.
Revenue of $4,612,000,000 up by 0.39% year over year, which beat the estimate of $4,440,000,000.
Guidance
Kimberly-Clark raised its FY20 adjusted EPS guidance from $7.10-$7.35 to $7.40-$7.60 .
Details Of The Call
Date: Jul 23, 2020
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/pkebomc4
Price Action
52-week high: $149.23
52-week low: $110.66
Price action over last quarter: Up 2.83%
Company Overview
Kimberly-Clark is a leading manufacturer of personal care (around half of sales) and tissue products (roughly one third of sales). Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary products for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.