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22.10.2024 12:46:28
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Kimberly-Clark Corp Q3 Profit Increases, Beats Estimates
(RTTNews) - Kimberly-Clark Corp (KMB) revealed a profit for its third quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $907 million, or $2.69 per share. This compares with $587 million, or $1.73 per share, in last year's third quarter.
Excluding items, Kimberly-Clark Corp reported adjusted earnings of $617 million or $1.83 per share for the period.
Analysts on average had expected the company to earn $1.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 3.5% to $4.952 billion from $5.132 billion last year.
Kimberly-Clark Corp earnings at a glance (GAAP) :
-Earnings (Q3): $907 Mln. vs. $587 Mln. last year. -EPS (Q3): $2.69 vs. $1.73 last year. -Revenue (Q3): $4.952 Bln vs. $5.132 Bln last year.
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| Kimberly-Clark Corp. | 116.72 | -8.46% |
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