Clorox: Fiscal 2Q Earnings Snapshot
OAKLAND, Calif. (AP) _ Clorox Co. (CLX) on Monday reported fiscal second-quarter earnings of $182 million.
The Oakland, California-based company said it had profit of $1.40 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.
The consumer products maker posted revenue of $1.47 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $1.48 billion.
Clorox expects full-year earnings to be $6.20 to $6.40 per share.
Clorox shares have fallen almost 3 percent since the beginning of the year, while the Standard & Poor’s 500 index has risen 8 percent. The stock has climbed 14 percent in the last 12 months.