01.02.2024 22:17:40 - dpa-AFX: Clorox Co. Q2 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Clorox Co. (CLX) reported earnings for second quarter
that decreased from last year but beat the Street estimates.

The company's bottom line totaled $93 million, or $0.75 per share. This
compares with $99 million, or $0.80 per share, in last year's second quarter.

Excluding items, Clorox Co. reported adjusted earnings of $2.16 per share for
the period.

Analysts on average had expected the company to earn $1.10 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 15.7% to $1.99 billion from $1.72
billion last year.

Clorox Co. earnings at a glance (GAAP) :

-Earnings (Q2): $93 Mln. vs. $99 Mln. last year.
-EPS (Q2): $0.75 vs. $0.80 last year.
-Analyst Estimates: $1.10
-Revenue (Q2): $1.99 Bln vs. $1.72 Bln last year.

-Guidance:
Full year EPS guidance: $5.30 - $5.50


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CLOROX CO. DL 1 856678 Frankfurt 130,800 14.05.24 08:02:40 -2,200 -1,65% 127,600 127,800 130,800 133,000

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH