Clorox Stock Gains more than 5% Following Q1 EPS Beat, Reaffirmed 2022 Outlook

StreetInsider2021-11-02

Clorox (NYSE: CLX) shares were trading more than 5% higher after-hours following the company’s reported Q1 results, with EPS coming in at $1.21, beating the consensus estimate of $1.03. Quarterly revenue declined 6% to $1.8 billion, compared to the consensus estimate of $1.7 billion.

According to Linda Rendle, the CEO of Clorox, the company’s Q1 performance put it on track to meet its 2022 outlook, despite the volatile environment and expected continuous cost pressures.

The company confirmed its full 2022-year outlook, expecting a net sales decline of 2% - 6% and an Adjusted EPS of $5.40-$5.70.

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精彩评论

  • JeremyKok
    2021-11-03
    JeremyKok
    Buy now before it goes higher or buy during the dip. Looks like a good stock to buy and hold for the long term. Do your own due diligence before you buy.
  • LincolnLee
    2021-11-02
    LincolnLee
    Well done 
  • Benstonk
    2021-11-02
    Benstonk
    Come back to mama 
  • CL777
    2021-11-02
    CL777
    Excellent news!
  • EHG
    2021-11-02
    EHG
    Like 
  • ASMH
    2021-11-02
    ASMH
    Like 
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