DALLAS (AP) — DALLAS (AP) — Kimberly-Clark Corp. (KMB) on Tuesday reported third-quarter profit of $907 million.
The Dallas-based company said it had profit of $2.69 per share. Earnings, adjusted for non-recurring gains, were $1.83 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share.
The maker of consumer products such as Huggies diapers and Kleenex tissue posted revenue of $4.95 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $5.06 billion.
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