2023-01-25 12:50:13

Kimberly-Clark Corp Q4 Profit Increases, beats estimates

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By Rtt News

(RTTNews) - Kimberly-Clark Corp (KMB) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $507 million, or $1.50 per share. This compares with $357 million, or $1.06 per share, in last year's fourth quarter.

Excluding items, Kimberly-Clark Corp reported adjusted earnings of $520 million or $1.54 per share for the period.

Analysts on average had expected the company to earn $1.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

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