Kimberly-Clark Beats on Both Top and Bottom Lines

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Kimberly-Clark (NYS: KMB) reported earnings on April 20. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Kimberly-Clark beat expectations on revenues and earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share increased significantly.


Margins grew across the board.

Revenue details
Kimberly-Clark recorded revenue of $5.24 billion. The 11 analysts polled by S&P Capital IQ wanted to see revenue of $5.05 billion on the same basis. GAAP reported sales were 4.2% higher than the prior-year quarter's $5.03 billion.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $1.24. The 14 earnings estimates compiled by S&P Capital IQ forecast $1.17 per share on the same basis. GAAP EPS of $1.18 for Q1 were 37% higher than the prior-year quarter's $0.86 per share.

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Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 33.2%, 250 basis points better than the prior-year quarter. Operating margin was 14.0%, 220 basis points better than the prior-year quarter. Net margin was 8.9%, 190 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $5.23 billion. On the bottom line, the average EPS estimate is $1.28.

Next year's average estimate for revenue is $20.99 billion. The average EPS estimate is $5.12.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 985 members out of 1,038 rating the stock outperform, and 53 members rating it underperform. Among 322 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 314 give Kimberly-Clark a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kimberly-Clark is hold, with an average price target of $73.46.

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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Motley Fool newsletter services have recommended buying shares of Kimberly-Clark. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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