NASDAQ$KMB

Kimberly-Clark Corp · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported first quarter 2020 results with net sales increasing 8% and organic sales growing 11%.

Kimberly-Clark's first quarter 2020 results showed an 8% increase in net sales to $5.0 billion compared to the previous year, with organic sales growth of 11%. Diluted net income per share was $1.92, and adjusted earnings per share were $2.13, a 28% increase. Cash provided by operations was $704 million. Due to the uncertainty related to the COVID-19 pandemic, the company is withdrawing its previous full-year 2020 financial outlook.

  • Net sales increased 8% to $5.0 billion, including 11% organic sales growth.
  • Diluted net income per share was $1.92, up from $1.31 in the previous year.
  • Adjusted earnings per share increased 28% to $2.13, compared to $1.66 in the prior year.
  • Cash from operations was $704 million, a significant increase from $317 million in the previous year.

Headline financials

Total Revenue

$5.01B

Previous: $4.63B+8.1%
EPS (adj)

$2.13

Previous: $1.66+28.3%
Organic Net Sales Growth

11.0%

No prior period
Free Cash Flow

$660M

Previous: $454M+45.4%
Net Income

$660M

Previous: $454M+45.4%
Operating Income

$904M

Previous: $655M+38.0%
Gross Profit

$1.79B

Previous: $1.43B+25.4%
Cash & Equivalents

$979M

Previous: $491M+99.4%
Total Assets

$15.7B

Previous: $15.2B+3.1%
Stock-Based Comp

$15M

Previous: $16M-6.3%

Revenue & EPS history

Kimberly-Clark · Revenue · Quarterly

$5.01B

Q1 2020+8.1%vs Q1 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Due to the rapidly evolving situation and the high degree of uncertainty related to the duration and potential impacts of COVID-19, the company is withdrawing its previous 2020 guidance and not providing any additional outlook at this time. The company is temporarily suspending its share repurchase program effective April 24, 2020 for at least the remainder of the second quarter to enhance flexibility in the current environment.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.1%

Avg return

Earnings day

-1.0%

Avg return

5 days after

+0.7%

Avg return

30 days after

48%

35 / 73 earnings

Positive

+12.0%

Q1 2022

Best reaction

-7.8%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-0.6%+1.0%
Q4 2025-0.7%-1.1%+9.1%
Q3 2025+3.1%-13.8%-6.5%
Q2 2025+4.8%+9.7%+3.6%
Q1 2025-1.5%-6.0%-0.2%
Q4 2024-1.5%-1.1%+6.7%
Q3 2024-5.1%-6.0%-5.0%
Q2 2024-2.5%-1.6%+0.3%
Q1 2024+6.9%+4.9%+2.3%
Q4 2023-3.6%-2.9%-2.6%
Q3 2023-2.5%-4.1%+0.4%
Q2 2023-3.8%-4.9%-6.3%
Q1 2023+0.8%+1.7%-3.8%
Q4 2022-3.2%-4.2%-6.3%
Q3 2022+3.8%+7.3%+15.7%
Q2 2022-1.0%-1.2%-0.4%
Q1 2022+12.0%+9.7%+0.2%
Q4 2021-1.5%-1.4%-5.6%
Q3 2021+0.2%-2.7%+1.6%
Q2 2021+0.1%-0.0%+2.4%
Q1 2021-7.0%-7.6%-5.7%
Q4 2020+3.7%-0.1%-1.1%
Q3 2020-7.8%-9.2%-5.8%
Q2 2020+2.1%+4.5%+9.0%
Q1 2020+0.6%+0.6%+0.2%
Q4 2019-0.7%+0.3%-2.1%
Q3 2019-3.5%-3.6%-4.2%
Q2 2019+0.3%+2.2%+5.6%
Q1 2019+1.7%+1.8%+6.0%
Q4 2018-3.3%-6.2%+3.4%
Q3 2018-5.5%-7.2%+0.4%
Q2 2018+0.9%+2.5%+10.2%
Q1 2018+0.4%+4.5%+4.5%
Q4 2017+2.4%+4.6%-3.5%
Q3 2017-1.2%-0.9%+2.3%
Q2 2017-1.3%-1.1%-2.3%
Q1 2017+2.2%-0.2%-1.5%
Q4 2016+4.3%+3.4%+14.8%
Q3 2016-4.9%-4.2%-4.2%
Q2 2016-1.7%-3.8%-4.4%
Q1 2016-4.2%
Q4 2015-1.4%
Q3 2015+3.1%
Q2 2015-0.3%
Q1 2015+4.2%
Q4 2014-7.7%
Q3 2014+4.3%
Q2 2014-2.5%
Q1 2014-3.7%
Q4 2013+1.9%
Q3 2013+6.2%
Q2 2013-1.3%
Q1 2013+4.2%
Q4 2012+0.3%
Q3 2012-3.6%
Q2 2012+4.7%
Q1 2012+1.8%
Q4 2011-0.1%
Q3 2011+0.7%
Q2 2011-0.3%
Q1 2011-0.6%
Q4 2010-0.4%
Q3 2010-1.4%
Q2 2010+1.1%
Q1 2009+3.0%
Q1 2010-1.0%
Q4 2007+0.0%
Q4 2009+0.0%
Q4 2008+0.9%
Q3 2008+0.9%
Q3 2009+0.9%
Q2 2009-0.0%
Q2 2008-0.0%

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