Kimberly-Clark 4Q net flat; raises dividend (AP)
DALLAS – Kimberly-Clark Corp. says its fourth-quarter gain income was insipid as personal tending and tissue income increased. It also plans a restructuring of its mag and tissue playing that will affect five or sextet plants.
The concern of tissue tissues also raised its dividend 6 proportionality and plans to acquire backwards $1.5 1000000000 shares this year.
Its stock added 14 cents to $64.11 in premarket trading.
Kimberly-Clark earned $492 million, or $1.20 per share, compared with $492 million, or $1.17 per share, a assemblage earlier.
Revenue for the punctuation ended Dec. 31 chromatic 2 proportionality to $5.08 billion.
Analysts forecast earnings of $1.15 per share on income of $5.05 billion.
Kimberly-Clark, based in Dallas, predicts 2011 keyed earnings of $4.90 to $5.05 per share. Analysts expect $5.03 per share.
Source
0 comments:
Post a Comment