Investing.com - Kimberly-Clark (NYSE:KMB) reported first quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $1.66 on revenue of $4.63B. Analysts polled by Investing.com expected EPS of $1.54 on revenue of $4.54B. That compared to EPS of $1.71 on revenue of $4.73B in the same period a year earlier. The company had reported EPS of $1.6 on revenue of $4.57B in the previous quarter.
Kimberly-Clark shares gained 3.79% to trade at $128.23 in pre-market trade following the report.
Kimberly-Clark shares gained 3.79% to trade at $128.23 in pre-market trade following the report.
For the year, Kimberly-Clark shares are up 8.43%, under-performing the S&P 500 which is up 17.28% year to date.
Kimberly-Clark follows other major Consumer/Non-Cyclical sector earnings this month
On Wednesday, PepsiCo reported first quarter EPS of $0.97 on revenue of $12.88B, compared to forecasts of EPS of $0.92 on revenue of $12.66B.
Philip Morris earnings beat analyst's expectations on Thursday, with first quarter EPS of $1.09 on revenue of $6.75B. Investing.com analysts expected EPS of $0.98 on revenue of $6.74B
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