Oct 22 · 9:45:00 AM · Source: Reuters

Kimberly-Clark Corp (KMB.N) raised its forecast for the year after blowing past third-quarter earnings expectations, aided by cost cuts and increased demand for face masks due to the H1N1 flu virus. Kimberly-Clark said on Thursday it earned $582 million, or $1.40 per share, in the third quarter, up sharply from $413 million, or 99 cents per share, a year earlier.
Analysts, on average, expected $1.13 per share, according to Thomson Reuters I/B/E/S.

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by Larry Etter