Kimberly-Clark: Q3 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — Kimberly-Clark Corp. (KMB) on Tuesday reported third-quarter profit of $587 million.

On a per-share basis, the Dallas-based company said it had net income of $1.73. Earnings, adjusted for non-recurring costs, were $1.74 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.58 per share.

The maker of consumer products such as Huggies diapers and Kleenex tissue posted revenue of $5.13 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $5.14 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMB at https://www.zacks.com/ap/KMB