Analysts expect higher profit for Kimberly Clark when the company reports its third quarter results on Tuesday, October 21, 2014. The consensus estimate is calling for profit of $1.54 a share, reflecting a rise from $1.44 per share a year ago.
Over the past three months, the consensus estimate has fallen from $1.56. For the fiscal year, analysts are expecting earnings of $6.09 per share. Revenue is projected to be $5.36 billion for the quarter, 2% above the year-earlier total of $5.26 billion. For the year, revenue is projected to roll in at $21.34 billion.
A year-over-year revenue growth in the second quarter broke a streak of two straight quarters of revenue decreases.
Over the last four quarters, the company has seen an average of 26% year-over-year growth in income. The biggest rise came in the fourth quarter, with income growing more than twofold from the year-ago quarter.
Kimberly Clark manufactures and markets a range of mostly paper-based consumer products. Procter & Gamble, also in the personal and household prods. industry, will report earnings on Friday, October 24, 2014. Analysts are expecting earnings of $1.09 per share for Procter & Gamble, up 4% from last year's earnings of $1.05 per share.
Earnings estimates provided by Zacks.
Narrative Science, through its proprietary artificial intelligence platform, transforms data into stories and insights.
