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Clorox (CLX) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
CLXClorox(CLX) ZACKS·2024-10-29 14:21

Core Insights - Clorox (CLX) is expected to report quarterly earnings of $1.36 per share, reflecting a year-over-year increase of 177.6% [1] - Anticipated revenues for Clorox are projected to be $1.63 billion, representing a 17.6% increase compared to the same quarter last year [1] Earnings Estimates Revisions - The consensus EPS estimate has been revised downward by 1% in the past 30 days, indicating a reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock [3] Revenue Projections - Analysts estimate 'Net Revenue- Health and Wellness' at $632.53 million, a year-over-year increase of 25.5% [5] - 'Net Revenue- International' is projected to be $249.18 million, showing a decline of 7.7% year-over-year [5] - 'Net Revenue- Lifestyle' is expected to reach $283.50 million, indicating a 23.8% increase year-over-year [5] - 'Net Revenue- Household' is estimated at $406.38 million, reflecting a 25% year-over-year change [6] - The consensus for 'Organic Revenue Growth - International' stands at 13.0%, up from 9% reported in the same quarter last year [6] Income Projections - 'Income before income taxes- Health and Wellness' is expected to be $167.51 million, compared to $104 million in the same quarter last year [7] - 'Income before income taxes- Lifestyle' is projected at $54.88 million, up from $19 million year-over-year [7] Market Performance - Clorox shares have shown a return of -3.2% over the past month, while the Zacks S&P 500 composite has increased by 1.7% [7] - Clorox holds a Zacks Rank 2 (Buy), suggesting it is expected to outperform the overall market in the near future [7]