Financials Earnings Whispers: Halliburton Company (HAL) And Kimberly Clark Corp (KMB)

Earnings Whispers: Halliburton Company (HAL) And Kimberly Clark Corp (KMB)

Published By News Desk at April 21, 2017 11:13 am Smart Stock News delivers March quarter predictions for Halliburton and Kimberly Clark ahead of their announcements on Monday morning

Halliburton and Kimberly Clark have pre-arranged their respective earnings call before the opening bell on Monday, April 24. The analysts expect both companies to unveil results for the first quarter of the fiscal year 2017 (1QFY17). While Kimberly Clark has delivered exceptional bottom-line performances in the past, the analysts anticipate Kimberly Clark to outperform on the top line this season. In contrast, for the recent quarter, Halliburton is predicted to remain consistent with its previous bottom line beat trends.

Halliburton Company

For the quarter ended March 31, the consensus projects Halliburton Company (NYSE:HAL) to uncover four cents in earnings per share (EPS). Interestingly, the estimate remains consistent with the Texas-based company’s previous quarter earnings. While Wall Street estimate suggests 42.86% year-over-year (YoY) decline on the bottom line, analysts at Earningswhispers.com project the decline to be only 14.3% YoY, with their estimate of six cents.

Wall Street analysts also forecast Halliburton’s 1QFY17 net sales to clock in at $4.28 billion, compared with Estimize.com’s projection of $4.26 billion. In comparison, the $41.62 billion company earned $4.2 billion in net sales for the same quarter of last year while its previous quarter revenues amounted to $4 billion.

Kimberly Clark Corp

For the first quarter, Wall Street analysts anticipate Kimberly Clark Corp (NYSE:KMB) to announced $1.54 in profits per share. This marks only slight increment from the Kimberly Clark's EPS of $1.53, reported for the same quarter of FY16. Nonetheless, if the company meets the Street on the bottom line, it is likely to witness 6.21% quarter-over-quarter (QoQ) growth in per share earnings.

Analysts at both Estimize.com and Wall Street expect the $46.43 billion company to report $4.51 billion revenues for this season. Interestingly, the estimates are only modestly above the company’s previous quarter and the same period of last year’s revenues of $4.5 billion.