Kimberly-Clark Beats Analyst Estimates on EPS
Kimberly-Clark (NYS: KMB) reported earnings on Oct. 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Kimberly-Clark missed slightly on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue contracted slightly and GAAP earnings per share grew significantly.
Gross margins grew, operating margins dropped, net margins expanded.
Kimberly-Clark recorded revenue of $5.25 billion. The 10 analysts polled by S&P Capital IQ hoped for a top line of $5.34 billion on the same basis. GAAP reported sales were 2.5% lower than the prior-year quarter's $5.38 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.34. The 14 earnings estimates compiled by S&P Capital IQ predicted $1.32 per share. GAAP EPS of $1.30 for Q3 were 19% higher than the prior-year quarter's $1.09 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 33.7%, 240 basis points better than the prior-year quarter. Operating margin was 14.9%, 70 basis points worse than the prior-year quarter. Net margin was 9.9%, 190 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $5.20 billion. On the bottom line, the average EPS estimate is $1.33.
Next year's average estimate for revenue is $21.11 billion. The average EPS estimate is $5.20.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,011 members out of 1,064 rating the stock outperform, and 53 members rating it underperform. Among 344 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 334 give Kimberly-Clark a green thumbs-up, and 10 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 $86.50.
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The article Kimberly-Clark Beats Analyst Estimates on EPS originally appeared on Fool.com.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. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend 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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