The Clorox Company (NYSE:CLX) is reporting fourth quarter earnings results on Monday 3rd August 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.99 per share.
For the full year, analysts predict revenues of $ 6619.07 million, while looking forward to income of $ 6.93 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 6.46 billion ~ $ 6.59 billion, where as bottomline are predicted in a range of $ 6.70 ~ $ 6.90 per share
Click Here For More Historical Outlooks Of The Clorox Company
Previous Quarter Performance
The Clorox Company reported income for the third quarter of $ 1.89 per share, from the revenue of $ 1,783.00 million. The quarterly earnings developed 31.25 percent compared with the same quarter last year. The consensus estimates are income of $ 1.67 per share from $ 1710.30 million in revenue. The bottom line results beat street analysts by $ 0.22 or 13.17 percent, at the same time, top line results outshined analysts by $ 72.70 million or 4.25 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CLX was $ 236.51, representing a 64.11 % increase from the 52 week low of $ 144.12 and a 0.63 % decrease over the 52 week high of $ 238.00.
The company has a market capital of $ 29.78 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.
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Recent Analyst recommendations
- On 10th July 2020, maintained by Morgan Stanley at Underweight rating, with $ 193.00 target price.
- On 30th June 2020, initiated by DA Davidson at Buy rating, with $ 256.00 target price.
Conference Call
The Clorox Company will be hosting a conference call at 1:30 PM eastern time on 3rd August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.thecloroxcompany.com
The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International. The company offers laundry additives, including bleach products under the Clorox brand, as well as Clorox 2 stain fighter and color booster; home care products primarily under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brands; naturally derived products under the Green Works brand; and professional cleaning, disinfecting, and food service products under the Clorox, Dispatch, HealthLink, Clorox Healthcare, Hidden Valley, KC Masterpiece, and Soy Vay brands.
