MARKET COMPOSITE
KMB - Kimberly-Clark Corp.8:00:02 PM 4/23/2024
Price
$136.04
+ 7.11 (5.51%)
Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes. Founded in Neenah, Wisconsin, in 1872 and based in the Las Colinas section of Irving, Texas since 1985, the company operated its own paper mills around the world for decades, but closed the last of those in 2012. With recent annual revenues topping $18 billion per year, Kimberly-Clark is regularly listed among the Fortune 500.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue5.1B+4%
Gross Profit1.9B+10%
Cost Of Revenue3.2B+0%
Operating Income853MM+27%
Operating Expenses1.1B-
Net Income647MM+27%
Interest Expense67MM-4%
Stock Chart

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Stock news

    Kimberly-Clark Corporation (KMB) shares get a bump higher after topping first-quarter earnings estimates, posting $5.15 billion in revenue and adjusted gains of $2.01 per share. The consumer staples brand — which includes Kleenex in its portfolio of sanitary products — is raising its full-year outlook. Market Domination Hosts Julie Hyman and Jared Blikre report on Kimberly-Clark's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Ma...

    Kimberly-Clark's (KMB) first-quarter 2024 results reflect higher earnings on increased operating profit. Taking into account a solid start to fiscal 2024, management raised its annual guidance.

    KMB earnings call for the period ending March 31, 2024.

    These stocks are all rallying early Tuesday, amid a flurry of earnings reports and a little M&A news. ↗️ **Tesla (TSLA**): All eyes are on the EV maker's earnings, due after the market close. Tesla stock rose over 2% in early trading, after a rocky stretch that has seen it fall over 40% in 2024.

    Shares of household products company Kimberly-Clark (NYSE:KMB) jumped 5.7% in the pre-market session after the company reported first-quarter results that blew past analysts' organic revenue growth expectations. Its gross margin also outperformed Wall Street's estimates. Looking forward, full-year guidance was raised for major line items such as organic sales, adjusted operating profit, and adjusted EPS. Overall, it was a strong quarter for the company.

    While the top- and bottom-line numbers for Kimberly-Clark (KMB) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

    Strong Organic Growth and Elevated Outlook Amidst Market Challenges

    Kimberly-Clark (KMB) delivered earnings and revenue surprises of 24.84% and 1.44%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

    Household products company Kimberly-Clark (NYSE:KMB) beat analysts' expectations in Q1 CY2024, with revenue flat year on year at $5.15 billion. It made a non-GAAP profit of $2.01 per share, improving from its profit of $1.67 per share in the same quarter last year.

    Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2024 results characterized by positive volume and mix gains driven by pioneering, innovative new products, leveraging continued productivity momentum for strong earnings growth versus the prior-year period.