MW Kimberly-Clark's stock falls as profit lags consensus
Kimberly-Clark Corp.'s stock fell 3.5% early Tuesday, after the maker of Huggies diapers and Kleenex tissue's fourth-quarter profit fell short of estimates, offsetting a sales beat.
The Dallas-based company $(KMB)$ had per-share earnings of $1.34, down from $1.50 a year ago, due to charges incurred to cover a transformation plan. Adjusted per-share earnings came to $1.50, just below the $1.51 FactSet consensus.
Sales fell 0.8% to $4.928 billion from $4.970 billion a year ago, just ahead of the $4.855 billion FactSet consensus.
-Ciara Linnane
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January 28, 2025 06:42 ET (11:42 GMT)
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