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Good news in Q1
April 21, 2015
By: TOM BRANNA
Editor
Kimberly-Clark Corp. had a pleasant surprise for investors, as first quarter results beat the Street. K-C reported first-quarter net income of $468 million. The Irving, TX-based company said it had net income of $1.27 per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to $1.42 per share. The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share. However, Q1 sa...
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