Kimberly-Clark Corporation · KMB · FY2025 Q2 · Calendar Q3 2025

KMB: Volume momentum improves, but execution risks remain

The supplied analysis supports a cautiously constructive operating thesis: stronger volume, innovation, productivity, and a higher-margin portfolio focus improve the growth setup, but sustained progress depends on pricing discipline, consumer resilience, and execution.

Reported Before market openNASDAQConsumer Defensive $31.32B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $1.92 Consensus $1.67
EPS surprise +15.0% Reported versus consensus
Reported revenue $4.16B Consensus $4.85B
Revenue surprise -14.1% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +4.8% Event window
SPY move -1.6% Same window
Abnormal move +6.5% Stock minus SPY
Volume 2.5× Versus trailing sessions
Subsequent drift -1.1% Up to 20 sessions
KMBSPY benchmark

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Transcript intelligence

What changed

Relative to the prior analysis, the emphasis shifted from tariff-driven earnings pressure and softer organic sales toward stronger volume execution, innovation-led share gains, and portfolio actions intended to improve mix and margins.

Guidance delta

Guidance sentiment was maintained; management emphasized continued volume-and-mix-led growth while noting consumer and tariff uncertainty.

Key takeaways

  • The current analysis describes the strongest volume quarter in five years, led by innovation and value-tier rollout.
  • Management highlighted share gains and a portfolio shift toward higher-margin personal care businesses.
  • Pricing discipline, productivity, and marketing investment remain central to protecting margins.
  • The prior quarter emphasized tariff pressure and a softer top-line backdrop; the current analysis points to improved volume momentum.

Management priorities

  • Scale advertising and brand investment in the second half
  • Execute the Suzano joint venture and separate International Family Care
  • Maintain innovation across value tiers
  • Continue productivity and SG&A savings efforts

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Earnings History

Estimate Beat Miss Match
KMB EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 3 future estimate-only quarters. Q1 '24 estimate $1.63 Q1 '24 actual $2.01, beat Q2 '24 estimate $1.71 Q2 '24 actual $1.96, beat Q3 '24 estimate $1.70 Q3 '24 actual $1.83, beat Q2 '25 estimate $1.67 Q2 '25 actual $1.92, beat Q3 '25 estimate $1.75 Q3 '25 actual $1.82, beat Q4 '25 estimate $1.81 Q4 '25 actual $1.86, beat Q1 '26 estimate $1.93 Q1 '26 actual $1.97, beat Q2 '26 estimate $2.01 Q2 '26 actual $1.80, miss Q3 '26 estimate $1.61 Q4 '26 estimate $1.75 Q1 '27 estimate $1.81
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Analyst Consensus ?

ConsensusHold31 ratings
Bullish1032.2%
Neutral1858.1%
Bearish39.7%

Analyst 52W Price Targets

$94.36Current
$99Low
$133.03Average
$174High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 3, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
B of A Securities Buy BuyMaintainSep 25, 2026
Piper Sandler Overweight OverweightMaintainSep 11, 2026
Wells Fargo Equal Weight Equal WeightMaintainSep 10, 2026
UBS Neutral NeutralMaintainAug 5, 2026
TD Cowen Hold HoldMaintainAug 5, 2026
Show 26 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $94.36. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
GuggenheimAnalyst unavailable$120$97.22 +27.2%Sep 25, 2026
Piper SandlerAnalyst unavailable$118$98.48 +25.1%Sep 11, 2026
UBSPeter Grom$116$110.11 +22.9%Aug 5, 2026
BarclaysAnalyst unavailable$115$108.48 +21.9%Jul 21, 2026
UBSAnalyst unavailable$115$108.13 +21.9%Jul 16, 2026
See 48 more

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Company context

Snapshot as of publication

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care products in the United States. It operates in two segments, North America and International Personal Care. The North America segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, facial and bathroom tissue, paper towels, napkins, wipers, tissue, towels, soaps and sanitizers, and other related products under the Huggies, Pull-Ups, Goodnites, Kotex, Poise, Depend, Kleenex, Scott, Cottonelle, Viva, Wypall , and other brand names.…

Historical context

All KMB earnings

Consumer Defensive peers this season

Latest reports in the same sector

Latest beats and misses

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:36:15.940040+00:00
  3. Polygon adjusted daily market bars · 2026-10-03T05:56:08.520858+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-03T05:56:08.518069+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-03. For educational purposes only; not investment advice.