Clorox expected to report 17.6% revenue decline in Q4 earnings, stable stock price.

From StockStory: 2025-02-02 08:04:32

Clorox will report earnings after market hours. Last quarter, revenue beat expectations by 7.5% at $1.76 billion, up 27.1% year on year. This quarter, revenue is expected to decline by 17.6% to $1.64 billion, with adjusted earnings of $1.40 per share. Analysts have maintained estimates, but Clorox has missed revenue estimates twice in the last two years. Peers Church & Dwight and Procter & Gamble reported revenue growth of 3.5% and 2.1% respectively. Clorox stock price is stable, with an average analyst price target of $164.09. Generative AI is seen as having a major impact on large corporations, with semiconductor stocks like Nvidia and AMD benefiting.



Read more at StockStory: Clorox (CLX) Q4 Earnings: What To Expect