- Kimberly-Clark Corporation stock price today and history
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Kimberly-Clark Corporation stock price
Kimberly-Clark Corporation latest news:
Kimberly-Clark shares slip after revenue miss
Kimberly-Clark Corp. shares slipped 0.4% in Monday premarket trading after the personal-care company reported third-quarter sales that missed expectations. Net income for the quarter totaled $567.0 million, or $1.60 per share, up from $550.0 million, or $1.52 per share, for the same period last year. The FactSet consensus was $1.54. Revenue totaled $4.64 billion, up from $4.59 billion and below the $4.66 billion FactSet estimate. Sales in the consumer tissue and K-C Professional segments rose, while the sales from the personal care segment, which includes Huggies diapers and baby wipes, fell. The company maintained its guidance for full-year 2017 EPS at the low end of the range of $6.20 to $6.35. The FactSet consensus is $6.20. Kimberly-Clark shares are down 9.5% for the last three months, and down 0.6% for the year so far. The S&P 500 index is up 15% for 2017 to date.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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