P&G and Kimberly Clark Prove Upside Economic Momentum to Analysts

Kimberly-Clark Corporation (NYSE:KMB) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -33.42% to $267 million ($1.37 per diluted share) in the quarter versus a net gain of $401 million in the year-earlier quarter. Revenue rose 2.4% to $5.3 billion from the year-earlier quarter.

Kimberly-Clark Corporation reported adjusted net income of $1.37 per share. By that measure, the company beat the mean analyst estimate of $1.35. It beat the average revenue estimate of $5.19 billion.

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KMB

Procter & Gamble Co. (NYSE:PG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income increased over 140% to $4.06 billion ($1.22 per diluted share) in the quarter versus a net gain of $1.69 billion in the year-earlier quarter. Revenue Rose 0.2% to $22.18 billion from the year-earlier quarter.

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Procter & Gamble Co. reported adjusted net income of $1.22 per share. By that measure, the company beat the mean analyst estimate of $1.11. It beat the average revenue estimate of $21.91 billion.

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Investing Insights: A Quick Look at the Procter & Gamble Profit Machine.