DALLAS (AP) — DALLAS (AP) — Kimberly-Clark Corp. (KMB) on Tuesday reported second-quarter profit of $102 million.
The Dallas-based company said it had net income of 30 cents per share. Earnings, adjusted for one-time gains and costs, were $1.65 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.
The maker of consumer products such as Huggies diapers and Kleenex tissue posted revenue of $5.13 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $5.11 billion.
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