KMB - Kimberly-Clark: Momentum Is Likely To Be Sustained In The Near-Term
2024-05-07 14:53:00 ET
Summary
- After years of underperforming the industry, Kimberly-Clark Corporation is finally in a good position to deliver returns at par with its peers.
- As margins in the Personal Care segment continue to improve, the company is likely to continue to deliver better-than-expected results.
- The ongoing tailwinds, however, are largely priced-in and are unlikely to persist beyond the near term.
After Kimberly-Clark Corporation ( KMB ) reported better than expected earnings for Q1 2024 , the share price skyrocketed and almost closed the annual performance gap with the broader consumer staples sector. As expected, the optimism around the stock is returning and investors are now eagerly expecting a strong year ahead....
Kimberly-Clark: Momentum Is Likely To Be Sustained In The Near-Term