Will Kimberly-Clark Corporation (KMB) Beat Analysts View?

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Kimberly-Clark Corporation (NYSE:KMB) manufacturer of personal care products, is expected to report second quarter earnings results, before market open, on Thursday 23rd July 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 1.80 per share.

Looking ahead, the full year income are expected at $ 7.55 per share on the revenues of $ 18579.10 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 18,635.00 million ~ $ 18,635.00 million, where as bottomline are predicted in a range of $ 7.10 ~ $ 7.35 per share

Click Here For More Historical Outlooks Of Kimberly-Clark Corporation

Previous Quarter Performance

Kimberly-Clark Corporation unwinded income for the first quarter of $ 2.13 per share, from the revenue of $ 5,009.00 million. The quarterly earnings improved 28.31 percent while revenues developed 10.40 percent compared with the same quarter last year.
According to street consensus, KMB was expected to report 1Q20 income of $ 1.97 per share from revenue of $ 4888.53 million. The bottom line results beat street analysts by $ 0.16 or 8.12 percent, at the same time, top line results outshined analysts by $ 120.47 million or 2.46 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Kimberly-Clark Corporation

Stock Performance

According to the previous trading day, closing price of KMB was $ 144.30, representing a 30.40 % increase from the 52 week low of $ 110.66 and a 3.3 % decrease over the 52 week high of $ 149.23.

The company has a market capital of $ 49.14 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.

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Recent Stock Dividend Announcement

On April 29, 2020, the board of directors authorized quarterly dividend of $ 1.07 per share to holders of record as of the close of business on June 5, 2020, with payment date of July 2, 2020 and ex-dividend date on June 4, 2020.

Conference Call

Kimberly-Clark Corporation will be hosting a conference call at 10:00 AM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kimberly-clark.com

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.