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Texas

Kimberly-Clark: Fourth Quarter Earnings Report

DALLAS (AP) _ Kimberly-Clark Corp. (KMB) on Wednesday reported fourth-quarter earnings of $507 million.

The Dallas-based company said its net income was $1.50 per share. Earnings adjusted for non-recurring items were $1.54 per share.

The results beat Wall Street’s expectations. Five analysts polled by Zacks Investment Research averaged earnings of $1.51 per share.

The maker of consumer products such as Huggies diapers and Kleenex wipes reported $4.96 billion in revenue for the period, in line with Street’s forecasts.

For the year, the company reported earnings of $1.93 billion, or $5.72 per share. Revenue was $20.18 billion.

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This story was created by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access the Zacks KMB Exchange Report at https://www.zacks.com/ap/KMB.

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