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Kimberly-Clark Corp Reveals Drop In Q1 Profit

Kimberly-Clark Corp (KMB) reported a profit for first quarter that dropped from the same period last year.

The company's earnings came in at $93 million, or $0.26 per share. This compares with $563 million, or $1.57 per share, in last year's first quarter.

Analysts had expected the company to earn $1.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.1% to $4.73 billion from $4.50 billion last year.

Kimberly-Clark Corp earnings at a glance:

-Earnings (Q1): $93 Mln. vs. $563 Mln. last year.
-EPS (Q1): $0.26 vs. $1.57 last year.
-Analysts Estimate: $1.71
-Revenue (Q1): $4.73 Bln vs. $4.50 Bln last year.

Full year EPS guidance: $6.90 - $7.20

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