Paper-Products Maker Kimberly-Clark (KMB) Tops Q2 EPS by 40c, Revenues Beat; Raises FY20 EPS Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Wall St futures rise as AI stocks rally, crude prices fall
- Oil prices slide to 11-day low on hopes of US-Iran diplomacy, Saudi exports
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
- Streamflation drives 39% of Americans to cancel streaming in 6 months
Kimberly-Clark Announces Second Quarter 2020 Results
July 23, 2020 7:30 AM EDTDALLAS, July 23, 2020 /PRNewswire/ --Â Kimberly-Clark Corporation (NYSE: KMB) today reported second quarter 2020 results.
Executive Summary
Second quarter 2020 net sales of $4.6 billion increased slightly compared to the year-ago period, including organic sales growth of 4 percent. Diluted net income per share for the second quarter was $1.99 in 2020 and $1.40 in 2019. Second quarter adjusted earnings per share were $2.20 in 2020, up 32 percent compared to $1.67 in 2019. Adjusted earnings per share exclude certain items described later in this news release. Second quarter cash provided by operations was $1,579 million in 2020 and $609... More