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 and are trading at $132.40 , down-from-52-week-high.They are outperforming the S&P Global 100 which is down 15.21% from the start of the year.
Kimberly-Clark shares lost 0.76% 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 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 Tuesday, July 12, 2022 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.
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