2023-07-25 07:07:05 ET
- Kimberly-Clark press release ( NYSE: KMB ): Q2 Non-GAAP EPS of $1.65 beats by $0.17 .
- Diluted earnings per share were $0.30, primarily driven by $1.36 per share in non-cash charges for the impairment of intangible assets; on an adjusted basis, earnings per share were $1.65.
- Revenue of $5.1B (+1% Y/Y) misses by $30M .
- Raised 2023 outlook for organic growth to 3% - 5%, and for adjusted earnings per share growth of 10% - 14%, with adjusted operating margin up 150 basis points at the midpoint versus last year.
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Kimberly-Clark Non-GAAP EPS of $1.65 beats by $0.17, revenue of $5.1B misses by $30M