What to Expect from Kimberly-Clark's Earnings

Kimberly-Clark (NYSE:KMB) is preparing to release its quarterly earnings on Tuesday, 2024-10-22. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Kimberly-Clark to report an earnings per share (EPS) of $1.70.

The announcement from Kimberly-Clark is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Historical Earnings Performance

The company's EPS beat by $0.25 in the last quarter, leading to a 3.41% increase in the share price on the following day.

Here's a look at Kimberly-Clark's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.71

1.63

1.54

1.59

EPS Actual

1.96

2.01

1.51

1.74

Price Change %

3.0%

1.0%

2.0%

-1.0%

Tracking Kimberly-Clark's Stock Performance

Shares of Kimberly-Clark were trading at $145.41 as of October 18. Over the last 52-week period, shares are up 19.84%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about Kimberly-Clark

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Kimberly-Clark.

The consensus rating for Kimberly-Clark is Neutral, based on 7 analyst ratings. With an average one-year price target of $147.86, there's a potential 1.68% upside.

Peer Ratings Comparison

This comparison focuses on the analyst ratings and average ...