DALLAS, July 23, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported second quarter 2024 results characterized by positive volume and mix gains driven by pioneering, innovative new products, leveraging continued productivity momentum for strong earnings growth versus the prior-year period. "We have a strong foundation that we can leverage to accelerate investments across the enterprise. Our focus is to deliver highquality consumer solutions at every price point, increase our operation ...

Other Stocks With Favorable Combinations Things To Note Our proven model predicts an earnings beat for Kimberly-Clark this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. The company's bottom line is likely to rise year over year in the fiscal second quarter. The consensus mark for quarterly earnings has inc ...

The earnings report, which is expected to be released on July 23, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This maker of consumer products such as Huggies di ...

Kimberly-Clark Corporation (NYSE:KMB) is scheduled to report its second quarter earnings early next week, and this time around the pressure to deliver is enormous While this performance roughly coincided with my recent rating upgrade of the stock, it is prudent for investors to adjust their expectations going forward. Momentum has been gradually building around KMB stock, as the company continued to surprise equity analysts by almost consistently beating earnings estimates by a very wide margin in recent qu ...

Robert Long to retire after 45 distinguished years in CPG Slavtcheff is a seasoned executive with more than 30 years of R&D experience in the CPG industry. He most recently served as Executive Vice President, Chief R&D and Innovation Officer of Campbell Soup Company (NYSE: CPB), where he led the R&D function, including strategy, product development, and corporate science and technology. Since joining Campbell in 2012, he transformed the R&D and Innovation organization, introduced new methodologies – from ag ...

Kimberly-Clark: Company of Brands Cash and Equivalents $853 million Total Current Assets $5.6 billion Total Assets $17.1 billion Total Current Liabilities $6.9 billion Long-Term Debt $7.1 billion Total Shareholder Equity $1.18 billion (Source: Most recent 10-Q from SEC) Here we see that the premium to book value this company is trading at is very dear, with the price/book ratio standing at over 40. The brands of the company are hugely valuable, of course, but it is difficult to justify a premium quite this ...

Loading... The company said it will issue its second quarter 2024 results on Tuesday, July 23. However, Wolfmeyer highlights that this isn't about optimistic expectations for exceeding targets. It's about investors gaining confidence in management's execution and Kimberly-Clark's resilience amid a volatile economic environment. The analyst's data shows that volumes picked back up toward the end of the quarter. The analyst sees the current 0.5% sales decline when considering pricing dynamics. For the stock t ...

Kimberly-Clark Today Add to Watchlist Get Kimberly-Clark alerts: Analysts Raise Estimates for Margin Widening Kimberly Clark Kimberly-Clark Dividend Payments Dividend Increase Track Record 53 Years Kimberly-Clark NYSE: KMB proved worthy of the Dividend King title in the last two years. The company struggled with volume declines and sluggish performance that caused analysts to cut sentiment, curb price targets, and cap the market for its stock. Fast forward to today, and the story has changed. Analysts are w ...

Kimberly-Clark Corporation (KMB) is benefiting from the effective implementation of revenue growth management strategies. The company is progressing with its long-term strategy aimed at achieving sustainable growth by leveraging its strengths and sharpening its strategic focus. Management anticipates fiscal 2024 organic net sales to increase in mid-single-digit percentage. The annual adjusted operating profit is projected to grow at a low-teens percentage rate at a constant-currency (cc) basis. Adjusted ear ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Kimberly-Clark (KMB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Kimberly-Clark is one of 192 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #4 in the Zack ...