Stock Down 4.4% on Lower-Than-Expected Results
- Kimberly-Clark shares down 4.4% after 2Q results miss some estimates
- EPS $1.61 vs expected $1.62, sales $5.03B vs expected $5.09B
- Adjusted EPS $1.96 vs expected $1.71
- Company increases full-year guidance for adjusted EPS growth
Kimberly-Clark’s shares fell by 4.4% on the NYSE following the release of their second-quarter financial results, which missed some analysts’ estimates. The company reported EPS of $1.61 on sales of $5.03 billion, while analysts expected $1.62 and $5.09 billion respectively. However, Kimberly-Clark increased its full-year guidance for adjusted EPS growth from low-teens to mid- to high-teens on a constant-currency basis.
Factuality Level: 8
Factuality Justification: The article provides accurate and objective information about Kimberly-Clark’s financial results and its stock performance, including specific numbers for EPS and sales. It also reports the company’s updated guidance for adjusted EPS growth. The information is relevant to the topic and not sensationalized or misleading.
Noise Level: 3
Noise Justification: The article provides relevant financial information about Kimberly-Clark’s second-quarter results and adjustments to its full-year guidance but lacks in-depth analysis or contextualization of the implications for the company and the industry. It could benefit from more discussion on why the results were lower than expected, how this may affect investors, and potential long-term impacts.
Public Companies: Kimberly-Clark (KMB)
Key People: Stephen Nakrosis (Author)
Financial Relevance: Yes
Financial Markets Impacted: Kimberly-Clark’s stock price
Financial Rating Justification: The article discusses the company’s financial results and its impact on the stock price, making it relevant to financial topics.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the article.
www.marketwatch.com 
