Kimberly-Clark up after Q3 preliminary results above estimates
15/10/2026 17:08
BUZZ-Kimberly-Clark up after Q3 preliminary results above estimates Updates
** Kimberly-Clark KMB.O shares up as much as 5.3% at $104.77
** If gains hold, stock on track for best day since April 2024
** The Huggies diaper maker sees Q3 results above est. on strong demand
** Forecasts Q3 net sales of $4.13 bln; analysts on avg. expect $4.10 bln - data compiled by LSEG
** Co expects adj. EPS from continuing ops. to be $1.70 vs est $1.59
** On track to complete ~$40 bln acquisition of Kenvue KVUE.N by year-end
** Reaffirms annual targets
** KMB scheduled to report Q3 on November 5
** Up to last close, KMB down ~1% YTD
(Reporting by Shania S Thomas in Bengaluru)