Clorox Reports Q3 Fiscal Year 2021 Results, Updates Fiscal Year Outlook

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Go back to Clorox Reports Q3 Fiscal Year 2021 Results, Updates Fiscal Year Outlook

Clorox (CLX) PT Lowered to $195 at Jefferies

May 4, 2021 6:00 AM EDT

Jefferies analyst Kevin Grundy lowered the price target on Clorox (NYSE: CLX) to $195.00 (from $205.00) while maintaining a Hold rating.

The analyst comments "We trim our FY22-23 EPS ests.... More

Clorox (CLX) Tops Q3 EPS by 14c, Revenue Misses, Guides Below Consensus

April 30, 2021 6:38 AM EDT

Clorox (NYSE: CLX) reported Q3 EPS of $1.62, $0.14 better than the analyst estimate of $1.48. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.87 billion.

GUIDANCE:

Clorox sees FY2021 EPS of $7.45-$7.65, versus the consensus of $8.35.

10% to 13% sales growth (10% to 13% organic sales growth)$5.94 to $6.14 diluted EPS range (19% to 16% decrease versus year ago)$7.45 to $7.65 adjusted EPS range (1% to 4% increase versus year ago)Excludes the $2.11 loss from the noncash impairment related to the VMS business and the 60-cent one-time noncash gain from the Saudi JV acquisition... More