Kimberly-Clark (NYSE:KMB) will report earnings on Friday, with analysts expecting a 7.3% revenue decline to $4.66 billion and adjusted earnings of $1.67 per share. The company missed revenue expectations last quarter and analysts have become increasingly bearish leading up to this quarter. Peers like Procter & Gamble and WD-40 have already reported results, with Procter & Gamble meeting revenue expectations and WD-40 falling short. Kimberly-Clark’s stock price is down 5.5% over the last month, with an average analyst price target of $141.33. Investors are keeping a close eye on the household products segment as earnings approach.
Read more at StockStory: Kimberly-Clark (KMB) Q2 Earnings Report Preview: What To Look For
