BUZZ - Kimberly-Clark shares rise as its preliminary Q3 results exceed expectations

October 15 - ** Kimberly-Clark (KMB.O) shares rose about 3% in pre-market trading, to $102.33

** As the maker of "Huggies" diapers, the company benefited from strong demand , with third-quarter results exceeding expectations

** Third quarter net sales are expected to reach $4.13 billion; according to data compiled by LSEG, analysts had on average expected $4.10 billion

** Adjusted earnings per share from continuing operations are expected to be $1.70, higher than the market estimate of $1.59

** The company may complete the acquisition of Kenvue (KVUE.N) for about $40 billion by the end of the year

** Full-year targets reaffirmed

** KMB is scheduled to announce third-quarter earnings on November 5

** As of the close of the previous trading day, KMB's year-to-date decline was about 1%

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