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Kimberly-Clark de Mexico SAB de CV (KCDMY)
OTHER OTC:KCDMY
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Earnings Data
Report Date
Jan 23, 2025After Close Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.14Last Year’s EPS
$0.18Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 17, 2024
|% Change Since: -2.97%
|Next Earnings Date:Jan 23, 2025
Earnings Call Sentiment|Neutral
While the company demonstrated strong sales growth and effective cost reduction strategies, challenges such as volume declines in certain segments, increased costs, and FX pressure were noted. The company remains optimistic about future growth and maintaining strong margins.Company Guidance
During the Kimberly-Clark de México Q3 2024 Earnings Call, the company provided detailed guidance on several key metrics. Sales for the third quarter were reported at MXN 13.2 billion, marking a 3.8% increase compared to the previous year, driven by a 1.8% increase in volume and a 2% improvement in price/mix. The Consumer Products segment grew by 0.6%, while the away-from-home segment and exports increased by 2.4% and 25%, respectively. The company achieved an EBITDA of MXN 3.5 billion, a 1% increase, with an EBITDA margin of 26.3%. Despite challenges such as a 16% peso devaluation and higher costs for pulp and resins, Kimberly-Clark de México maintained a strong EBITDA margin. The cost reduction program yielded substantial savings of approximately MXN 400 million during the quarter. Additionally, the company announced plans to buy back MXN 400 million worth of shares in Q4, completing their authorized MXN 1 billion buyback program for the year. Looking ahead, the company anticipates improved sales driven by increased volumes and expects to see the benefits of lower pulp prices reflected in costs by early 2025.Sales and Export Growth
Sales for Q3 2024 were MXN 13.2 billion, a 3.8% increase versus the previous year. Exports grew significantly, with finished products up 7.7% and parent roll sales increasing 42.2%.
Cost Reduction Success
Cost reduction initiatives yielded approximately MXN 400 million in savings for Q3 2024.
Strong Balance Sheet
Net debt-to-EBITDA ratio was 0.7x, with EBITDA to net interest coverage at 12x. The company maintains a healthy cash position of MXN 16.7 billion.
Shareholder Returns
Net income for Q3 2024 was MXN 1.8 billion, a 9.2% increase year-over-year. The company plans to increase dividends and buybacks next year.
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Kimberly-Clark de Mexico SAB de CV (KCDMY) Earnings, Revenues Date & History
KCDMY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KCDMY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 17, 2024 | $7.55 | $7.59 | +0.53% |
| Jul 18, 2024 | $8.96 | $9.21 | +2.79% |
| Apr 18, 2024 | $10.58 | $10.07 | -4.82% |
| Jan 18, 2024 | $10.42 | $10.64 | +2.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kimberly-Clark de Mexico SAB de CV (KCDMY) report earnings?
Kimberly-Clark de Mexico SAB de CV (KCDMY) is schdueled to report earning on Jan 23, 2025, After Close Not Confirmed.
What is Kimberly-Clark de Mexico SAB de CV (KCDMY) earnings time?
Kimberly-Clark de Mexico SAB de CV (KCDMY) earnings time is at Jan 23, 2025, After Close Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KCDMY EPS forecast?
KCDMY EPS forecast for the fiscal quarter 2024 (Q4) is $0.14.
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