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Actionable news in KMB: KIMBERLY-CLARK Corp,

Kimberly-Clark (KMB) Stock Dropping on Q1 Revenue Miss

NEW YORK (TheStreet) -- Shares of Kimberly-Clark (KMB - Get Report) are falling by 4.68% to $125.58 on heavy trading volume late Friday morning, after reporting weaker-than-expected revenue for the 2016 first quarter.

Before today's opening bell, the Irving, TX-based consumer products company said revenue declined by 5% to $4.48 billion, missing estimates. Analysts were expecting revenue of $4.54 billion.

Adjusted earnings of $1.53 per share were higher than analysts' projections of $1.51 per share.

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