KMB Faces Q4 Hurdles, Banks on Innovation & Efficiency for Growth

Kimberly-Clark Corporation (KMB) has been battling a dynamic consumer and retail environment, which is putting pressure on its performance. Elevated promotional investments are also likely to impact its margins. These factors are reflected in the company’s guidance for the fourth quarter of 2024. In fact, the Zacks Consensus Estimate for fourth-quarter earnings per share has declined 2 cents to $1.49 over the past 30 days. However, the consensus mark for the current year and full year earnings per share hav ...