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Clorox Fiscal Q4 Adjusted Earnings Rise, Sales Fall; Sets Outlook; Shares Rise
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Clorox Fiscal Q4 Adjusted Earnings Rise, Sales Fall; Sets Outlook; Shares Rise
Aug 1, 2024 2:27 PM

05:00 PM EDT, 08/01/2024 (MT Newswires) -- Clorox (CLX) reported fiscal Q4 adjusted earnings late Thursday of $1.82 per diluted share, up from $1.67 a year earlier.

Analysts surveyed by Capital IQ expected $1.55.

Sales for the quarter ended June 30 fell to $1.90 billion from $2.02 billion a year earlier. Analysts expected $1.95 billion.

The company expects fiscal year 2025 adjusted EPS of $6.55 to $6.80. Analysts surveyed by Capital IQ expect $6.47.

The company expects net sales for the year to be flat to down 2% from a year ago.

Clorox shares were up over 4% in after-hours activity.

Price: 140.00, Change: +5.86, Percent Change: +4.37

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