CLX

Clorox Co. Q2 Profit Rises

(RTTNews) - Clorox Co. (CLX) released earnings for its second quarter that rose from last year.

The company's earnings came in at $259 million, or $2.03 per share. This compares with $185 million, or $1.46 per share, in last year's second quarter.

Analysts had expected the company to earn $1.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 26.9% to $1.84 billion from $1.45 billion last year.

Clorox Co. earnings at a glance:

-Earnings (Q2): $259 Mln. vs. $185 Mln. last year. -EPS (Q2): $2.03 vs. $1.46 last year. -Analysts Estimate: $1.78 -Revenue (Q2): $1.84 Bln vs. $1.45 Bln last year.

-Guidance: Full year EPS guidance: $8.05 to $8.25

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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