Investing.com - Kimberly-Clark (NYSE:KMB) reported third quarter earnings that missed analyst's expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $1.29 on revenue of $4.58B. Analysts polled by Investing.com anticipated EPS of $1.64 on revenue of $4.55B. That compared to EPS of $1.6 on revenue of $4.64B in the same period a year earlier. The company had reported EPS of $1.59 on revenue of $4.6B in the previous quarter.
Kimberly-Clark shares gained 1.24% to trade at $111.60 in pre-market trade following the report.
For the year, Kimberly-Clark shares are down 8.76%, under-performing the S&P 500 which is up 3.13% year to date.
Kimberly-Clark follows other major Consumer/Non-Cyclical sector earnings this month
On Friday, Procter&Gamble (NYSE:PG) reported first quarter EPS of $1.12 on revenue of $16.69B, compared to forecasts of EPS of $1.1 on revenue of $16.49B.
PepsiCo (NASDAQ:PEP) earnings beat analyst's expectations on Tuesday, October 2, 2018, with third quarter EPS of $1.59 on revenue of $16.49B. Investing.com analysts expected EPS of $1.57 on revenue of $16.37B
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