Compared to Estimates, Kimberly-Clark (KMB) Q1 Earnings: A Look at Key Metrics

KMB

For the quarter ended March 2023, Kimberly-Clark (KMB - Free Report) reported revenue of $5.2 billion, up 2% over the same period last year. EPS came in at $1.67, compared to $1.35 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $5.08 billion, representing a surprise of +2.22%. The company delivered an EPS surprise of +24.63%, with the consensus EPS estimate being $1.34.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Kimberly-Clark performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Total Organic Sales Growth - YoY change: 5% versus the four-analyst average estimate of 3.36%.
  • K-C Professional & Other - Total Sales Growth - YoY change: 9% versus the three-analyst average estimate of 5.08%.
  • Personal Care - Net price impact - YoY change: 7% compared to the 5.95% average estimate based on three analysts.
  • Personal Care - Currency impact - YoY change: -4% versus the three-analyst average estimate of -3.4%.
  • Consumer Tissue - Volume impact - YoY change: -5% compared to the -5.79% average estimate based on three analysts.
  • Consumer Tissue - Net price impact - YoY change: 11% versus the three-analyst average estimate of 10.59%.
  • Consumer Tissue - Currency impact - YoY change: -3% compared to the -3.26% average estimate based on three analysts.
  • K-C Professional & Other - Volume impact - YoY change: -6% compared to the -4.78% average estimate based on three analysts.
  • Net Sales- Personal Care: $2.70 billion versus $2.65 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.
  • Net Sales- K-C Professional & Other: $847 million compared to the $819.58 million average estimate based on three analysts. The reported number represents a change of +8.6% year over year.
  • Net Sales- Corporate & Other: $10 million versus the three-analyst average estimate of $16.65 million. The reported number represents a year-over-year change of -44.4%.
  • Net Sales- Consumer Tissue: $1.63 billion versus $1.59 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +4.2% change.
View all Key Company Metrics for Kimberly-Clark here>>>

Shares of Kimberly-Clark have returned +10% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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