07:41 AM EDT, 04/23/2024 (MT Newswires) -- Kimberly-Clark ( KMB ) reported Q1 adjusted earnings Tuesday of $2.01 per diluted share, compared with $1.67 a year earlier.

Analysts surveyed by Capital IQ expected $1.64.

Revenue for the quarter ended March 31 was $5.15 billion, compared with $5.20 billion a year earlier. Analysts surveyed by Capital IQ expected $5.09 billion.

The company said it expects 2024 adjusted EPS to grow by a low-teens percentage rate from a year earlier, up from previous expectations of high-single-digit percentage growth. It also expects organic net sales to grow by a mid-single digit percentage, up from its previous expectation of low-to-mid single-digit percentage growth.

Shares of Kimberly-Clark ( KMB ) were up nearly 5% in recent premarket activity.