Kimberly-Clark Initiates FY24 EPS, Sales Growth Outlook - Update

RTTNews | 581 days ago
Stocktwits
Kimberly-Clark Initiates FY24 EPS, Sales Growth Outlook - Update

(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, consumer products firm Kimberly-Clark Corp. (KMB) initiated its adjusted earnings per share and sales growth guidance for the full-year 2024, reflecting continued momentum.

For fiscal 2024, the company now projects adjusted earnings per share to grow at a high single-digit rate on a constant-currency basis, on organic sales growth at a low-to-mid single digit percentage.

Earnings per share are currently expected to be negatively impacted by approximately 400 basis points from currency translation, while net sales is forecast to reflect negative impacts of approximately 300 basis points from currency translation and 60 basis points from the Brazil Tissue divestiture.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $7.08 per share on sales growth of 0.80 percent to $20.61 billion for the year. Analysts' estimates usually exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: KMB
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Kimberly-Clark Boosts FY23 EPS Growth Outlook - Update

Kimberly-Clark Boosts FY23 EPS Growth Outlook - Update

While reporting financial results for the second quarter on Tuesday, consumer products firm Kimberly-Clark Corp. (KMB) raised its earnings per share growth guidance for the full-year 2023, while maintaining annual sales growth outlook.
RTTNews | 764 days ago
Kimberly-Clark Boosts FY23 EPS Growth Outlook - Update

Kimberly-Clark Boosts FY23 EPS Growth Outlook - Update

While reporting financial results for the first quarter on Tuesday, consumer products firm Kimberly-Clark Corp. (KMB) raised its earnings per share growth guidance for the full-year 2023, while maintaining annual sales growth outlook.
RTTNews | 855 days ago
Malaysia Bourse May Add To Its Winnings On Thursday

Malaysia Bourse May Add To Its Winnings On Thursday

The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
RTTNews | 5 minutes ago
Higher Open Called For Japan Stock Market

Higher Open Called For Japan Stock Market

The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 20 minutes ago
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The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
RTTNews | 35 minutes ago
Korea Interest Rate Decision Due On Thursday

Korea Interest Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
RTTNews | 1h 35min ago
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
RTTNews | 6h 40min ago
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