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Kimberly-Clark Corp (KMB) reported earnings for first quarter that fell from the same period last year.


RTTNews | Apr 23, 2021 07:37AM EDT

07:37 Friday, April 23, 2021 (RTTNews.com) - Kimberly-Clark Corp (KMB) reported earnings for first quarter that fell from the same period last year.

The company's earnings came in at $584 million, or $1.72 per share. This compares with $660 million, or $1.92 per share, in last year's first quarter.

Excluding items, Kimberly-Clark Corp reported adjusted earnings of $610 million or $1.80 per share for the period.

Analysts had expected the company to earn $1.93 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.4% to $4.74 billion from $5.01 billion last year.

Kimberly-Clark Corp earnings at a glance:

-Earnings (Q1): $610 Mln. vs. $734 Mln. last year.-EPS (Q1): $1.80 vs. $2.13 last year.-Analysts Estimate: $1.93-Revenue (Q1): $4.74 Bln vs. $5.01 Bln last year.

-Guidance:Full year EPS guidance: $7.30 to $7.55

Read the original article on RTTNews ( https://www.rttnews.com/3187673/kimberly-clark-corp-q1-adjusted-earnings-miss-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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