Wall Street analysts expect that Kimberly Clark Corp (NYSE:KMB) will announce earnings per share (EPS) of $1.54 for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Kimberly Clark’s earnings. The lowest EPS estimate is $1.53 and the highest is $1.56. Kimberly Clark reported earnings per share of $1.45 during the same quarter last year, which suggests a positive year-over-year growth rate of 6.2%. The business is expected to report its next quarterly earnings results before the market opens on Tuesday, January 23rd.
According to Zacks, analysts expect that Kimberly Clark will report full-year earnings of $6.20 per share for the current year, with EPS estimates ranging from $6.19 to $6.22. For the next fiscal year, analysts forecast that the company will report earnings of $6.56 per share, with EPS estimates ranging from $6.33 to $6.95. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Kimberly Clark.
Kimberly Clark (NYSE:KMB) last released its earnings results on Monday, October 23rd. The company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.06. The firm had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $4.65 billion. Kimberly Clark had a return on equity of 666.97% and a net margin of 11.89%. The company’s revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.52 EPS.
Shares of Kimberly Clark (KMB) traded up $0.15 during mid-day trading on Wednesday, hitting $115.49. The company had a trading volume of 2,589,763 shares, compared to its average volume of 2,160,000. The company has a current ratio of 0.97, a quick ratio of 0.64 and a debt-to-equity ratio of 14.17. Kimberly Clark has a twelve month low of $109.67 and a twelve month high of $136.21. The company has a market cap of $40,620.00, a P/E ratio of 19.06, a P/E/G ratio of 2.83 and a beta of 0.75.
The company also recently announced a quarterly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Friday, December 8th were issued a $0.97 dividend. The ex-dividend date was Thursday, December 7th. This represents a $3.88 dividend on an annualized basis and a yield of 3.36%. Kimberly Clark’s payout ratio is presently 64.03%.
A number of institutional investors and hedge funds have recently modified their holdings of KMB. Private Trust Co. NA increased its holdings in Kimberly Clark by 4.4% in the 2nd quarter. Private Trust Co. NA now owns 8,117 shares of the company’s stock worth $1,047,000 after purchasing an additional 343 shares in the last quarter. Capital Investment Advisors LLC increased its holdings in Kimberly Clark by 4.2% in the 2nd quarter. Capital Investment Advisors LLC now owns 10,699 shares of the company’s stock worth $1,381,000 after purchasing an additional 427 shares in the last quarter. F&V Capital Management LLC increased its stake in shares of Kimberly Clark by 1.3% in the second quarter. F&V Capital Management LLC now owns 40,425 shares of the company’s stock valued at $5,219,000 after buying an additional 520 shares during the period. Johanson Financial Advisors Inc. acquired a new stake in shares of Kimberly Clark in the second quarter valued at about $250,000. Finally, Confluence Investment Management LLC acquired a new stake in shares of Kimberly Clark in the second quarter valued at about $211,000. 71.46% of the stock is owned by institutional investors and hedge funds.
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About Kimberly Clark
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
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