Insight Report 3 minutes PremiumKIMBERLY CLARK (KMB) 1Q16 Results: Beats on EPS Despite Currency Headwind; 2016 on Track Coresight Research April 22, 2016 Executive Summary Kimberly Clark reported 1Q16 revenues of $4.5 billion, down 4.6% year over year and slightly missing the consensus estimate. Adjusted EPS was $1.53, beating the consensus estimate by two cents and representing a 7.7% increase. Organic revenue growth was 2%, however exchange rates hurt revenues by 7%. For 2016, negative currency translation effects are expected to push revenues towards the lower end of up 5%–6% range. EPS is expected to be within the range of $5.95–$6.15, representing 3% to 7% growth. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: In-Store Shopping Thrives Over Holiday Peak: US Consumer Survey InsightsRetail 2024: US E-Commerce Technology Trends—Generative AI, Retail Media and Other Revenue-Generating Opportunities To Transform the Online LandscapeWhat Do US Consumers Think About Generative AI?January 2023 US Housing Market Indicators: Total Home Sales Fall Sharply
