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Kimberly-Clark's Q3 earnings beat estimates, but revenue fell short of forecasts amid mixed hedge fund activity.
In Q3 2021, Kimberly-Clark, known for products like Huggies and Kotex, saw mixed changes in its stock holdings among hedge funds.
The company reported earnings per share of $1.83, exceeding estimates of $1.69.
Despite this, revenue was $4.95 billion, below the $5.06 billion forecast.
Analysts' ratings for the stock included a mix of hold, buy, and sell recommendations, with an average price target of $149.93.
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Las ganancias Q3 de Kimberly-Clark superaron las estimaciones, pero los ingresos no alcanzaron las previsiones en medio de la actividad mixta de los fondos de cobertura.