Clorox (CLX) Tops Q1 EPS by 14c

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Go back to Clorox (CLX) Tops Q1 EPS by 14c

Clorox (CLX) 1Q16 EPS Beat Driven by Top-Line Growth; UBS Raises Price Target to $105

November 3, 2015 8:43 AM EST

UBS reiterated a Sell rating on Clorox (NYSE: CLX), and raised the price target to $105.00 (from $103.00), following the company's 1Q16 earnings results. CLX posted a sizeable Q1 beat, delivering $1.32 in EPS (20% YOY growth) vs. consensus of $1.18. This outperformance was driven by greater FX-neutral top-line... More