Kimberly-Clark (KMB) reported earnings on Thur 22 Oct 2020 (b/o)

 ** charts after earnings **

 

Kimberly-Clark CEO Michael Hsu

Kimberly-Clark products

Kimberly-Clark misses by $0.01, beats on revs; raises FY20 EPS and revenue guidance

Reports Q3 (Sep) earnings of $1.72 per share, excluding non-recurring items, $0.01 worse than the S&P Capital IQ Consensus of $1.73; revenues rose 0.9% year/year to $4.68 bln vs the $4.59 bln S&P Capital IQ Consensus.

Co issues guidance for FY20, sees EPS of $7.50-7.65, excluding non-recurring items, vs. $7.70 S&P Capital IQ Consensus and vs prior guidance of $7.40-7.60; raises FY20 revenue growth rate to +2-3% from +1-2%; we compute the new guidance as $18.82-19.00 bln vs. $18.84 bln S&P Capital IQ Consensus.