Benzinga | Jul 23, 2020 07:59AM EDT

Kimberly-Clark: Q2 Earnings Insights

Shares of Kimberly-Clark (NYSE:KMB) rose 3.8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 31.74% over the past year to $2.20, which beat the estimate of $1.77.

Revenue of $4,612,000,000 up by 0.39% year over year, which beat the estimate of $4,440,000,000.

Guidance

Kimberly-Clark raised its FY20 adjusted EPS guidance from $7.10-$7.35 to $7.40-$7.60 .

Details Of The Call

Date: Jul 23, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/pkebomc4

Price Action

52-week high: $149.23

52-week low: $110.66

Price action over last quarter: Up 2.83%

Company Overview

Kimberly-Clark is a leading manufacturer of personal care (around half of sales) and tissue products (roughly one third of sales). Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary products for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.