Clorox (CLX) to Release Quarterly Earnings on Monday

Clorox (NYSE:CLX - Get Free Report) is projected to post its quarterly earnings results after the market closes on Monday, February 3rd. Analysts expect Clorox to post earnings of $1.39 per share and revenue of $1,626,355.48 billion for the quarter. Clorox has set its FY25 guidance at $6.65-$6.90 EPS and its FY 2025 guidance at 6.650-6.900 EPS.Investors that wish to register for the company's conference call can do so using this link.

Clorox (NYSE:CLX - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.50. Clorox had a net margin of 4.78% and a return on equity of 316.08%. The firm had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.64 billion. During the same quarter in the previous year, the company posted $0.49 EPS. The company's revenue was up 27.0% compared to the same quarter last year. On average, analysts expect Clorox to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Clorox Trading Up 1.9 %

CLX stock traded up $3.08 during trading on Monday, reaching $162.35. 1,244,232 shares of the stock were exchanged, compared to its average volume of 1,008,424. The business has a 50 day moving average price of $163.66 and a 200-day moving average price of $157.66. Clorox has a 1 year low of $127.60 and a 1 year high of $171.37. The company has a current ratio of 1.00, a quick ratio of 0.62 and a debt-to-equity ratio of 11.08. The firm has a market capitalization of $20.10 billion, a price-to-earnings ratio of 56.57, a P/E/G ratio of 2.92 and a beta of 0.42.

Clorox Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Wednesday, January 29th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Wednesday, January 29th. Clorox's dividend payout ratio is presently 170.04%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CLX shares. DA Davidson lifted their target price on Clorox from $153.00 to $171.00 and gave the company a "neutral" rating in a research report on Monday, November 4th. Evercore ISI dropped their price target on shares of Clorox from $140.00 to $139.00 and set an "underperform" rating for the company in a research report on Monday, October 14th. StockNews.com lowered Clorox from a "buy" rating to a "hold" rating in a research report on Sunday, January 5th. Jefferies Financial Group upgraded Clorox from a "hold" rating to a "buy" rating and raised their price target for the stock from $174.00 to $187.00 in a research report on Tuesday, October 1st. Finally, TD Cowen upgraded Clorox from a "sell" rating to a "hold" rating and boosted their price objective for the company from $155.00 to $170.00 in a report on Wednesday, November 6th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $156.54.

Clorox Company Profile

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States.