Clorox Reports Q1 Fiscal Year 2024 Results, Updates Outlook

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Clorox (CLX) shares jump as results 'better-than-feared'

November 2, 2023 1:43 PM EDT

Clorox (NYSE: CLX) shares jumped over 8% Thursday after the company reported earnings for its latest quarter, topping consensus expectations.

The company reported Q1 EPS of $0.49, $0.73 better than the analyst estimate of a loss per share of -$0.24. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.31 billion.

"After entering the fiscal year with solid momentum, the August cyberattack caused wide-scale disruptions that are impacting our short-term financial performance," said CLX CEO Linda Rendle. "Looking forward, our near-term priorities are clear: We are laser-focused on rebuilding customer inventories, preserving merchandising... More

Clorox (CLX) Tops Q1 EPS by 73c, Cuts Guidance

November 1, 2023 4:12 PM EDT

Clorox (NYSE: CLX) reported Q1 EPS of $0.49, $0.73 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.31 billion.

GUIDANCE:

Clorox sees FY2024 EPS of $4.30-$4.80, versus the consensus of... More