Kimberly-Clark Corporation's stable business model and consistent dividend growth have made it a long-time favorite for income-focused investors, despite recent underperformance. The company's growth has stalled due to flat revenues, competition from private labels, and challenges in international markets. Cost-cutting and share repurchases are being used to drive profitability, but organic sales growth remains tepid.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Kimberly-Clark Corporation (NYSE:KMB ) Morgan Stanley Global Consumer & Retail Conference December 3, 2024 1:30 PM ET Company Participants Nelson Urdaneta - CFO Chris Jakubik - Head of IR Conference Call Participants Dara Mohsenian - Morgan Stanley Dara Mohsenian All right. Good afternoon, everyone.
While Kimberly-Clark faces short-term hurdles from a dynamic retail landscape and high promotional costs, its strategic initiatives set a foundation for growth.
Kimberly-Clark has a truly global presence, with top-two market share positions in 70 countries. The post Kimberly-Clark Offers Comfort With 58 Straight Years Of Dividend Growth appeared first on Investor's Business Daily.
Kimberly-Clark (KMB) reported earnings 30 days ago. What's next for the stock?
KMB is battling a dynamic consumer landscape and high advertising costs, while its Powering Care strategy keeps it well-positioned for growth.
Goldman Sachs analyst Bonnie Herzog reiterated the Buy rating on Kimberly-Clark Corporation KMB stock, with a price forecast of $152.
KMB's third-quarter 2024 results reflect higher earnings on increased operating profit. However, management lowered its top-line view for the year.
Kimberly-Clark Corporation (NYSE:KMB ) Q3 2024 Earnings Conference Call October 22, 2024 8:00 AM ET Company Participants Christopher Jakubik - Investor Relations Mike Hsu - Chairman and Chief Executive Officer Nelson Urdaneta - Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Nik Modi - RBC Capital Markets Anna Lizzul - Bank of America Bonnie Herzog - Goldman Sachs Christopher Carey - Wells Fargo Securities Kevin Grundy - BNP Paribas Javier Escalante - Evercore ISI Operator Greetings. Welcome to the Kimberly-Clark's Third Quarter 2024 Question-and-Answer Session.
While the top- and bottom-line numbers for Kimberly-Clark (KMB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Kimberly-Clark (KMB) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.74 per share a year ago.