Investing.com - Kimberly-Clark (NYSE:KMB) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Kimberly-Clark announced earnings per share of $1.72 on revenue of $4.68B. Analysts polled by Investing.com anticipated EPS of $1.75 on revenue of $4.59B.
Kimberly-Clark shares are up 7% from the beginning of the year, still down 7.33% from its 52 week high of $160.11 set on August 12. They are outperforming the S&P 500 which is up 6.34% from the start of the year.
Kimberly-Clark shares lost 2.95% in pre-market trade following the report.
Kimberly-Clark follows other major Consumer/Non-Cyclical sector earnings this month
Kimberly-Clark's report follows an earnings beat by Procter&Gamble on Tuesday, who reported EPS of $1.63 on revenue of $19.32B, compared to forecasts EPS of $1.41 on revenue of $18.33B.
Coca-Cola had beat expectations on Thursday with third quarter EPS of $0.55 on revenue of $8.65B, compared to forecast for EPS of $0.46 on revenue of $8.36B.
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