While revenue estimates for the current year is 18.41B, setting the highest revenues estimates of 18.78B and indicating lowest revenues at 18.25B according to agreement of 11 number of analysts.
Advertisement
Kimberly Clark didn’t report a breathtaking second quarter on Monday, but it was far from a disaster.
Kimberly Clark Corp (NYSE:KMB) soared 0.95% or +1.27 points during previous trade after opening at the price of $133.80, a total of 1.76M shares exchanged hands compared with its average trading volume of 1.53M shares. Sales jumped 4 percent in the quarter. Kimberly-Clark Corp. The firm has a market capitalization of $48.48 billion and a price-to-earnings ratio of 45.00. And the 1.5% decline in its stock price was more of a function of “sell the news” rather than beating up the company, which nonetheless beat estimates on both the top and bottom lines.
Kimberly Clark Corp (NYSE:KMB) reached at $134.63 price level during last trade its distance from 20 days simple moving average is -0.25%, and its distance from 50 days simple moving average is 2.53% while it has a distance of 6.47% from the 200 days simple moving average.
Kimberly-Clark Corp. (NYSE:KMB) last posted its quarterly earnings results on Monday, July 25th. Kimberly-Clark Corp.’s revenue for the quarter was down 1.2% on a year-over-year basis. Stockholders of record on Friday, June 10th were paid a $0.92 dividend. The ex-dividend date of this dividend was Wednesday, June 8th. The shares were sold at an average price of $127.77, for a total value of $392,637.21.
In related news, insider Kimberly K. Underhill sold 3,073 shares of the business’s stock in a transaction that occurred on Thursday, May 5th. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Sandra Macquillan sold 5,080 shares of Kimberly-Clark Corp. stock in a transaction that occurred on Thursday, May 12th.
Kimberly-Clark, like other consumer product rivals, had targeted emerging markets, such as Brazil and Russian Federation, to help it counter sluggish growth in developed markets.
Advertisement
In its personal-care unit, the company’s largest, sales fell 1.2% to $2.28 billion as changes in currency rates cut sales by 6%. The Company operates in three segments, which include Personal Care, which offers solutions and products, such as disposable diapers, training and youth trousers, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, offers products, such as facial and bathroom tissue, paper towels, napkins and related products, and K-C Professional (KCP), offers solutions and supporting products, such as apparel, wipers, soaps, sanitizers, tissue and towels.
