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Stock Market & Financial Investment News

News Breaks
April 21, 2014
07:31 EDTKMBKimberly Clark reports Q1 adjusted EPS $1.48, consensus $1.47
Reports Q1 revenue $5.28B, consensus $5.32B
News For KMB From The Last 14 Days
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January 26, 2016
08:10 EDTKMBKimberly-Clark weakness creates buying opportunity, says Wells Fargo
Wells Fargo believes that the weakness in Kimberly-Clark's stock yesterday creates a buying opportunity. The firm says that the company's Q4 EPS would have beaten expectations if not for the change in its valuation of its Argentine business. The firm reports that the company's gross margin beat expectations, while its organic sales rose 5%. Wells says that these factors are more important than the company's headline EPS miss, and it expects the stock to rebound "over time." Wells expects the company's 2016 EPS to come in above its guidance, and Wells keeps an Outperform rating on the shares.

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