05:07 PM EDT, 04/30/2024 (MT Newswires) -- Clorox (CLX) reported fiscal Q3 adjusted earnings Tuesday of $1.71 per diluted share, up from $1.51 a year earlier.
Analysts surveyed by Capital IQ expected $1.38.
Sales in the quarter ended March 31 fell to $1.81 billion from $1.92 billion a year earlier.
Analysts surveyed by Capital IQ expected $1.87 billion.
The company boosted fiscal year 2024 adjusted earnings guidance to $5.80 to $5.95 per diluted share from $5.30 to $5.50. Analysts surveyed by Capital IQ expect $5.62.
The company expects net sales for the year to be down low-single digits. Analysts surveyed by Capital IQ expect $7.23 billion.
Clorox shares fell 3.3% in after-hours activity.
Price: 143.00, Change: -4.87, Percent Change: -3.29