Kimberly-Clark Earnings, Revenue Beat in Q2
Kimberly-Clark Earnings, Revenue Beat in Q2
Investing.com – Kimberly-Clark (NYSE:KMB) reported on Tuesday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Kimberly-Clark announced earnings per share of $1.34 on revenue of $5.06B. Analysts polled by Investing.com anticipated EPS of $1.31 on revenue of $4.98B.
Kimberly-Clark shares are down 6% from the beginning of the year, still down 8.48% from its 52 week high of $145.79 set on January 10. They are outperforming the S&P 500 which is down 16.77% from the start of the year.
Kimberly-Clark shares gained 0.79% in pre-market trade following the report.
Kimberly-Clark follows other major Consumer Staples sector earnings this month
Kimberly-Clark’s report follows an earnings beat by Coca-Cola on Tuesday, who reported EPS of $0.7 on revenue of $11.3B, compared to forecasts EPS of $0.6693 on revenue of $10.54B.
PepsiCo had beat expectations on July 12 with second quarter EPS of $1.86 on revenue of $20.23B, compared to forecast for EPS of $1.74 on revenue of $19.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
