Kimberly-ClarkNYSE: KMB

DALLAS, Nov. 13, 2024 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) has announced that Joseph Romanelli, who is the president of Human Health International at Merck & Co., Inc. in Rahway, NJ, has been appointed to its board of directors, starting now. As a result of this appointment, the number of directors on Kimberly-Clark's board will grow from 12 to 13.

TINLEY PARK, Ill.--(BUSINESS WIRE)-- #CampusMultimedia--A teacher from Tinley Park High School has been awarded the Kleenex® Heroes of the Classroom Grand Prize. She will receive $5,000 for herself, along with $5,000 and a year's supply of Kleenex for her school.

- Jeans with Pockets for Your Pad - CHICAGO, Oct. 23, 2024 /PRNewswire/ -- A new study shows that 83% of girls think they need to conceal their period products when going to the bathroom. U by Kotex® is encouraging women to feel confident and open about their periods. They have launched MaxiMalism Jeans, a special collection of jeans that are made to display your pad instead of hiding it.

Goldman Sachs analyst Bonnie Herzog has maintained a Buy rating for Kimberly-Clark Corporation (KMB) stock, setting a price target of $152.

KMB's results for the third quarter of 2024 show that earnings have risen due to higher operating profit. However, the management has reduced its revenue expectations for the year.

The Kimberly-Clark Corporation (NYSE:KMB) will hold its Q3 2024 Earnings Conference Call on October 22, 2024, at 8:00 AM ET. Participants from the company include Christopher Jakubik from Investor Relations, Mike Hsu, the Chairman and CEO, and Nelson Urdaneta, the CFO. Various analysts from firms like Barclays, RBC Capital Markets, and Goldman Sachs will also join the call.

Kimberly-Clark (KMB) reported quarterly earnings of $1.83 per share, which is higher than the Zacks Consensus Estimate of $1.69 per share. This is an increase compared to earnings of $1.74 per share from the same period last year.

On Tuesday, Kimberly-Clark Corp.'s shares dropped by 3.1% in premarket trading. This came after the company, known for brands like Huggies, Kleenex, and Scott, announced that its third-quarter profits exceeded expectations due to higher volume and prices, although sales were slightly lower than anticipated.

KMB's earnings for the third quarter are expected to show the negative effects of changing consumer habits, reduced retail stock, and increasing production costs.