Kimberly Clark Shares Drop 4.8% as Company Sees Weaker Earnings Growth in 2024
Kimberly Clark Shares Drop 4.8% as Company Sees Weaker Earnings Growth in 2024
by Luzi Ann Santos | moomoo News
作者:露兹·安·桑托斯 | moomoo 新闻
$Kimberly-Clark (KMB.US)$ shares declined after the company issued weaker 2024 earnings growth outlook, hurt by fluctuations in foreign exchange rates in countries where the company distributes its products including Huggies, Kleenex and Cottonelle.
The company expects 2024 adjusted earnings per share to grow at a high single-digit rate on a constant-currency basis from a year earlier. For 2023, the company posted a 17% jump in adjusted EPS, according to its press release Wednesday.
Net sales growth is forecast to take a 300-basis point hit from currency translation and 60 basis points from the Brazil Tissue divestiture, it said.
$金佰利 (KMB.US)$ 受该公司分销Huggies、Kleenex和Cottonelle等产品的国家的外汇汇率波动的影响,该公司发布了疲软的2024年盈利增长展望,股价下跌。
该公司预计,按固定货币计算,2024年调整后的每股收益将比去年同期以较高的个位数速度增长。根据周三的新闻稿,该公司公布2023年调整后的每股收益增长了17%。
它说,预计净销售增长将受到汇率折算的冲击300个基点,巴西纸巾剥离将打击60个基点。