earnings
confidence high
sentiment negative
materiality 0.80
Kimberly-Clark Q3 adjusted EPS $1.62, misses; lowers FY2021 guidance on inflation
KIMBERLY CLARK CORP
2021-Q3 EPS reported
$4.31
revenue$14,475,000,000
- Q3 net sales $5.0B (+7% YoY); organic sales +4%; adjusted EPS $1.62 vs $1.72 YoY.
- GAAP diluted EPS $1.39; adjusted operating profit $745M, down from $806M.
- FY2021 adjusted EPS guidance lowered to $6.05-$6.25 from $6.65-$6.90.
- Input cost inflation now expected $1.4-$1.5B, up from prior $1.2-$1.3B.
- Organic sales now seen declining 1-2% vs prior 0-2% decline; share repurchases at low end.