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Clorox: Fiscal Q4 Earnings Snapshot
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OAKLAND, Calif. (AP) — OAKLAND, Calif. (AP) — Clorox Co. (CLX) on Monday reported fiscal fourth-quarter profit of $163 million.

The Oakland, California-based company said it had net income of $1.34 per share. Earnings, adjusted for non-recurring costs, came to $1.66 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.

The consumer products maker posted revenue of $1.95 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $1.91 billion.

For the year, the company reported profit of $587 million, or $4.81 per share. Revenue was reported as $6.72 billion.

Clorox expects full-year earnings in the range of $5.70 to $6 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLX at https://www.zacks.com/ap/CLX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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