Analysts Estimate Clorox (CLX) to Report a Decline in Earnings: What to Look Out for

Clorox Company Overview - Clorox is expected to report quarterly earnings of $1.57 per share, reflecting a year-over-year decline of 8.2% [3] - Revenues are anticipated to be $1.71 billion, down 5.5% from the same quarter last year [3] - The consensus EPS estimate has been revised 1.28% lower in the last 30 days, indicating a bearish sentiment among analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for Clorox is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.58% [10][11] - Clorox holds a Zacks Rank of 3 (Hold), complicating predictions of an earnings beat [11] - Historically, Clorox has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +11.51% in the last reported quarter [12][13] Comparison with Industry Peers - Church & Dwight, another player in the consumer products industry, is expected to post earnings of $0.89 per share, a year-over-year decline of 7.3% [17] - Church & Dwight's revenues are projected to be $1.51 billion, showing a slight increase of 0.5% from the previous year [17] - The consensus EPS estimate for Church & Dwight has been revised 0.6% lower, but it has a positive Earnings ESP of 0.66%, suggesting a higher likelihood of beating the consensus estimate [18]