Kimberly Clark Corp beat earnings but missed revenues for its first quarter. Bidness Etc thinks the stock price might fall during this week Kimberly Clark Corp (KMB) announced results for the first quarter of its fiscal 2014 (1QFY14). Its share price had already gone up 6.7% in the last three months, outperforming the S&P 500 Index (SPX) by 5.3%, as investors began to move their funds from the volatile consumer discretionary and tech stocks toward less risky and dividend-paying consumer staple stocks. We anticipate a fall in the stock price, considering that the personal care product maker’s quarterly results are almost in line with earnings estimates and that revenues missed estimates. Although the Irving, Texas-based company has increased quarterly dividend payments 3.7% to $0.84, its indicated dividend yield of 2.98% is lower compared to the 3.15% yield offered by the stock of The Procter & Gamble Company (PG).
Its good to take your hands away if a company is getting down, the fall of stock price leads to fall of shares , so its better to take out your hands soon before it drowns
