Kimberly-Clark Announces Third Quarter 2021 Results
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Berenberg Downgrades Kimberly Clark (KMB) to Hold
October 26, 2021 5:42 AM EDTBerenberg analyst Fulvio Cazzol downgraded Kimberly Clark (NYSE: KMB) from Buy to Hold with a price target of $127.00.
The analyst commented, "We downgrade Kimberly-Clark (KC) to Hold (from Buy) following the significant profit warning (9%) at the Q3 2021 results on 25 October as well... More
Kimberly-Clark (KMB) Misses Q3 EPS by 4c, Lowers FY EPS Guidance
October 25, 2021 7:31 AM EDTKimberly-Clark (NYSE: KMB) reported Q3 EPS of $1.62, $0.04 worse than the analyst estimate of $1.66. Revenue for the quarter came in at $5 billion versus the consensus estimate of $4.99 billion.
GUIDANCE:
Kimberly-Clark sees FY2021 EPS of $6.05-$6.25, versus the consensus of $6.70.
Net sales increase 1 to 2 percent (prior assumption 1 to 4... More