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DALLAS (AP) — DALLAS (AP) — Kimberly-Clark Corp. (KMB) on Tuesday reported fourth-quarter profit of $447 million.
The Dallas-based company said it had net income of $1.34 per share. Earnings, adjusted for non-recurring costs, came to $1.50 per share.
The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of $1.50 per share.
The maker of consumer products such as Huggies diapers and Kleenex tissue posted revenue of $4.93 billion in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $4.83 billion.
For the year, the company reported profit of $2.55 billion, or $7.55 per share. Revenue was reported as $20.06 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMB at https://www.zacks.com/ap/KMB