Kimberly-Clark Corporation's first-quarter earnings report showcases revenues of $5.1 billion and adjusted EPS of $1.35, surpassing analysts' expectations and reflecting a 7% year-over-year growth. Despite facing high input costs, the company's stock surged by 9.24% following the positive results, which also included an upgraded full-year revenue forecast and an anticipated adjusted EPS range of $5.60 to $6 for FY22. Additionally, Kimberly-Clark's strategic acquisition of a controlling stake in Thinx for $181 million underscores its commitment to expanding its hygiene product offerings globally.
“Kimberly-Clark Corporation · is · 9.24% in the green”
“Kimberly-Clark Corporation · reported revenue of · $5.1 billion”
“Kimberly-Clark Corporation · reported EPS of · $1.35”
“Kimberly-Clark Corporation · anticipates FY22 adjusted EPS to be in the range of · $5.60 to $6”
“Kimberly-Clark Corporation · is · 9.24% in the green · as of 12:15 PM ET”
“Kimberly-Clark Corporation · recorded revenue and EPS · $5.1 billion and $1.35 · which surpassed the consensus estimate”
“Kimberly-Clark Corporation · is likely to display year-over-year growth in · revenues · $4,895 million”
“Kimberly-Clark · has been encountering · high input costs · in the past few quarters”
“Kimberly-Clark · is focusing on · cutting costs · through the FORCE Program”
“Kimberly-Clark Corp. · supplies · hygienic products to 175 countries”
“KMB stock · has paid · annual dividends for 50 consecutive years”
“Kimberly-Clark Corporation (NYSE:KMB) · is in the green · percentage increase · 9.24%”