financetom
Business
financetom
/
Business
/
Clorox Fiscal Q1 Adjusted EPS, Sales Rise; 2025 Earnings Outlook Updated -- Shares Up After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Clorox Fiscal Q1 Adjusted EPS, Sales Rise; 2025 Earnings Outlook Updated -- Shares Up After Hours
Nov 3, 2024 3:17 PM

05:23 PM EDT, 10/30/2024 (MT Newswires) -- Clorox (CLX) reported fiscal Q1 adjusted earnings late Wednesday of $1.86 per diluted share, up from $0.49 per a year earlier.

Analysts polled by Capital IQ expected normalized EPS of $1.39.

Net sales for the quarter ended Sept. 30 were $1.76 billion, up from $1.39 billion a year earlier. Analysts surveyed by Capital IQ expected $1.64 billion.

For fiscal year 2025, the company said it now expects adjusted EPS of between $6.65 and $6.90, compared with its prior guidance of $6.55 to $6.80. Analysts are looking for normalized EPS of $6.65.

The company continues to expect fiscal 2025 net sales to be flat to down 2%. Analysts expect revenue of $6.98 billion.

Shares were up almost 3% in recent after-hours activity.

Price: 160.41, Change: +3.90, Percent Change: +2.49

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved