After reporting its Q4 results, Clorox (NYSE:CLX) witnessed a significant surge of over 9% intra-day today. The company’s earnings per share for the quarter were $1.67, which exceeded the Street estimate of $1.16.

Moreover, Clorox’s revenue experienced a substantial growth of 12% year-over-year, reaching $2 billion, surpassing the Street estimate of $1.88 billion. This growth was primarily driven by a favorable price mix, partially offset by lower volume and unfavorable foreign exchange rates. For the full year 2024, the company has provided earnings per share outlook in the range of $5.60 to $5.90. This estimate is slightly higher than the Street estimate of $5.63. Additionally, Clorox expects its revenue to grow between 0% to 2% year-over-year.

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

× ¿Cómo puedo ayudarte?