Kimberly-Clark Earnings: Here’s Why Investors are Buying More Shares Now

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Kimberly-Clark Corporation (NYSE:KMB) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.39%.

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Kimberly-Clark Corporation Earnings Cheat Sheet

Results: Net income decreased -33.42% to $267 million ($1.37 per diluted share) in the quarter versus a net gain of $401 million in the year-earlier quarter.

Revenue: Rose 2.4% to $5.3 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Kimberly-Clark Corporation reported adjusted net income of $1.37 per share. By that measure, the company beat the mean analyst estimate of $1.35. It beat the average revenue estimate of $5.19 billion.

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