Kimberly-Clark Corporation (NYSE:KMB) reported its Q4 results, with adjusted EPS coming in at $1.30, slightly above the Street estimate of $1.28. The company achieved a better-than-expected performance during the quarter, with group organic sales growth of 3% coming in ahead of the consensus estimate of 1.5%.

The company’s 2022 guidance suggests further cost pressures ahead. It expects 3-4% organic sales growth for 2022, but a low- to mid-single-digit decline in operating profit. EPS guidance is $5.60-6.00, implying a 6% year-over-year decline to the mid-point and 14% downside to consensus 2022 EPS expectations of $6.76.