WASHINGTON (dpa-AFX) - While reporting financial results for the fourth
quarter on Wednesday, consumer products firm Kimberly-Clark Corp. (KMB)
initiated its adjusted earnings per share and sales growth guidance for the
full-year 2024, reflecting continued momentum.

For fiscal 2024, the company now projects adjusted earnings per share to grow at
a high single-digit rate on a constant-currency basis, on organic sales growth
at a low-to-mid single digit percentage.

Earnings per share are currently expected to be negatively impacted by
approximately 400 basis points from currency translation, while net sales is
forecast to reflect negative impacts of approximately 300 basis points from
currency translation and 60 basis points from the Brazil Tissue divestiture.

On average, analysts polled by Thomson Reuters expect the company to report
earnings of $7.08 per share on sales growth of 0.80 percent to $20.61 billion
for the year. Analysts' estimates usually exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit
rttnews.com



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX