Kimberly-Clark: Q4 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Kimberly-Clark Corp. (KMB) on Wednesday reported fourth-quarter earnings of $509 million.
On a per-share basis, the Dallas-based company said it had profit of $1.50. Earnings, adjusted for non-recurring costs, were $1.51 per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.
The maker of consumer products such as Huggies diapers and Kleenex tissue posted revenue of $4.97 billion in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $4.99 billion.
For the year, the company reported profit of $1.76 billion, or $5.21 per share. Revenue was reported as $20.43 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMB at https://www.zacks.com/ap/KMB
