Clorox (CLX) Lags Q3 Earnings and Revenue Estimates

Clorox (CLX) came out with quarterly earnings of $1.45 per share, missing the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.64%. A quarter ago, it was expected that this consumer products maker would post earnings of $1.39 per share when it actually produced earnings of $1.55, delivering a surprise of 11.51%.Over the last four quarters, the co ...