Dallas, Texas-based Kimberly-Clark Corporation (KMB) is a global health and hygiene company. It manufactures personal care and consumer tissue products in the U.S. and internationally. With a market cap of $47.7 billion, Kimberly-Clark operates through the Personal Care, Consumer Tissue, and K-C Professional segments. It is expected to release its Q3 earnings on Tuesday, Oct. 22.
Ahead of the event, analysts expect Kimberly-Clark to report a profit of $1.68 per share, down 3.5% from $1.74 per share reported in the year-ago quarter. The company has surpassed Wall Street’s adjusted EPS projections thrice over the past four quarters while missing on one other occasion. Its adjusted EPS for the last reported quarter grew by 18.8% year-over-year to $1.96, exceeding the consensus estimates by 16.7%.
