Investing.com - Kimberly-Clark (NYSE:KMB) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kimberly-Clark announced earnings per share of $1.35 on revenue of $5.1B. Analysts polled by Investing.com anticipated EPS of $1.23 on revenue of $4.9B.
Kimberly-Clark shares are down 10% from the beginning of the year and are trading at $132.00 , down-from-52-week-high.They are under-performing the S&P Global 100 which is down 5.62% from the start of the year.
Kimberly-Clark shares gained 3.04% in pre-market trade the report.
Kimberly-Clark follows other major Consumer Staples sector earnings this month
Kimberly-Clark's report follows an earnings beat by Procter&Gamble on Wednesday, who reported EPS of $1.33 on revenue of $19.38B, compared to forecasts EPS of $1.3 on revenue of $18.72B.
Costco had beat expectations on Thursday, March 3, 2022 with second quarter EPS of $2.92 on revenue of $51.9B, compared to forecast for EPS of $2.76 on revenue of $51.53B.
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