Earnings To Watch: Kimberly-Clark (KMB) Reports Q4 Results Tomorrow

StockStory
27 Jan
Earnings To Watch: Kimberly-Clark (KMB) Reports Q4 Results Tomorrow

Household products company Kimberly-Clark (NYSE:KMB) will be announcing earnings results tomorrow morning. Here’s what to look for.

Kimberly-Clark missed analysts’ revenue expectations by 1.9% last quarter, reporting revenues of $4.95 billion, down 3.5% year on year. It was a slower quarter for the company, with a miss of analysts’ organic revenue estimates.

Is Kimberly-Clark a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Kimberly-Clark’s revenue to decline 2.2% year on year to $4.86 billion, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $1.51 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Kimberly-Clark has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Kimberly-Clark’s peers in the consumer staples segment, some have already reported their Q4 results, giving us a hint as to what we can expect. WD-40 delivered year-on-year revenue growth of 9.3%, beating analysts’ expectations by 4.1%, and Procter & Gamble reported revenues up 2.1%, topping estimates by 1.3%. WD-40 traded down 5.8% following the results while Procter & Gamble was up 2.8%.

Read our full analysis of WD-40’s results here and Procter & Gamble’s results here.

Inflation has progressed towards the Fed’s 2% goal as of late, leading to strong stock market performance. Recent rate cuts and the 2024 Presidential election's conclusion added further sparks to the market, and while some of the consumer staples stocks have shown solid performance, the group has generally underpeformed, with share prices down 2.9% on average over the last month. Kimberly-Clark is down 1.7% during the same time and is heading into earnings with an average analyst price target of $144.62 (compared to the current share price of $128.41).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10