Kimberly Clark (NYSE:KMB) Lifts Profit Guidance for Full Year; Profit Soars – KMB, JNJ, CAH, ENR

Kimberly Clark Corp (NYSE:KMB) reported fiscal Q1 earnings moved up 13 percent, handily surpassing Wall Street forecasts, as revenue moved up and input costs tumbled, while the corporation also lifted its outlook for the year.

Dallas, Texas based Kimberly-Clark declared a profit of $531 million or $1.36 per share, high from $468 million or $1.18 per share in previous year.

EPS were $1.48 per share without charges linked with Venezuelan currency devaluation and other items, evaluated against $1.24 per share.

Quarterly sales moved up 1.5 percent to $5.32 billion. Analysts forecasted EPS of $1.34 on $5.28 billion of revenue. The corporation lifted its profit guidance for the current year.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Johnson & Johnson (NYSE:JNJ) up +1.57% to settle at $84.49, Cardinal Health, Inc. (NYSE:CAH) moved up +0.87% to end at $43.07 while Energizer Holdings, Inc. (NYSE:ENR) jumped +1.37% to finish at $94.62 on Friday.

Kimberly Clark Corp (NYSE:KMB) on April 19, 2013 increased +4.68% to the closing price of $106.10. The overall volume in the last trading session was 4.55 million shares. Its fifty two weeks range was $103.88 – $106.54. The total market capitalization remained at $41.13 billion.

KMB is ahead of its 52-week low with +46.61% and lagging behind from its 52-week high price with +3.53%. KMB’s last month’s stock price volatility remained 1.50%. In its share capital KMB has 386.81 million outstanding shares, among them 385.81 million shares have been floated in market exchange. KMB’s stock’s institutional ownership remained 69.66% while insider ownership included 0.09%.

The stock price of KMB is moving forward from its 20 days moving average with +7.39% and remote positively from 50 days moving average with +11.63%. KMB’s current year’s earnings per share experienced an addition with 10.69% while its current quarter performance remained at +23.95%. Company’s beta coefficient included 0.32. Beta factors measure the amount of market risk associated with market trade.

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