Clorox(CLX)

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Best Growth Stocks to Buy for February 9th
Zacks Investment Research· 2024-02-09 08:36
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 9:The Clorox Company (CLX) : This consumer and professional products company has seen the Zacks Consensus Estimate for its current year earnings increasing 19.7% over the last 60 days.The Clorox Company Price and Consensus EnerSys (ENS) : This energy storage company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the las ...
Best Income Stocks to Buy for February 7th
Zacks Investment Research· 2024-02-07 09:16
Here are three stocks with buy rank and strong income characteristics for investors to consider today, February 7:The Clorox Company (CLX) : This consumer and professional products company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.9% the last 60 days.This Zacks Rank #1 company has a dividend yield of 3.1%, compared with the industry average of 2.4%.Kemper Corporation (KMPR) : This insurance holding company has witnessed the Zacks Consensus Estimate for its next y ...
3 Stocks to Buy Following Guidance Lifts
Zacks Investment Research· 2024-02-06 22:36
Guidance lifts commonly inject positivity into shares, with investors scrambling to get in and ride the momentum. Companies raise their outlooks when business is fruitful, sending a bullish message to shareholders.And recently, several companies, including Deckers Outdoor (DECK) , The Clorox Company (CLX) , and Modine Manufacturing (MOD) – have raised their outlooks, with shares moving higher following the announcements.For those interested in recent bullish activity, let’s take a closer look at each.Decker ...
Clorox cleans up after post-COVID normalization and a cyberattack
MarketBeat· 2024-02-05 11:53
Key PointsClorox is a global diversified manufacturer of cleaning products, household and wellness brands, including Pine-Sol, Liquid-Plumr,Clorox is recovering from an August 2023 cyberattack that resulted in $356 million in estimated damages.Clorox nearly doubled fiscal Q2 2024 EPS estimates and experienced 16% YoY sales but noted that most sales increases were driven by shipments to rebuild retailer inventory due to the cyberattack.5 stocks we like better than CloroxThe Clorox Co. NYSE: CLX is a househol ...
Why Clorox Stock Popped Today
The Motley Fool· 2024-02-02 23:28
Shares of Clorox (CLX 5.62%) rose 5.6% on Friday after the consumer products giant announced strong quarterly results.Clorox cleans up with rebuilt inventoriesFor its fiscal second-quarter 2024 ended Dec. 31, 2023, Clorox saw net sales climb 16% year over year to $1.99 billion, while adjusted (non-GAAP) earnings more than doubled to $2.16 per share. Analysts, on average, were only expecting earnings of $1.10 per share on revenue of $1.80 billion.Underlying Clorox's outsized growth was a combination of favor ...
Clorox (CLX) Q2 Earnings & Revenues Beat Estimates, Rise Y/Y
Zacks Investment Research· 2024-02-02 20:01
The Clorox Company (CLX) reported second-quarter fiscal 2024 results, wherein the top and bottom lines beat their respective Zacks Consensus Estimate and improved year over year. The results mainly benefited from higher volumes and increased sales across each of the segments.Also, significant gains from pricing actions and ongoing cost-saving initiatives aided the performance. Results also benefited from a solid innovation pipeline and digital transformation. CLX has been on track with its streamlined opera ...
Clorox shares rally on raised full-year sales and profit guidance
Proactive Investors· 2024-02-02 15:19
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Clorox(CLX) - 2024 Q2 - Earnings Call Transcript
2024-02-02 01:39
The Clorox Company (NYSE:CLX) Q2 2024 Earnings Conference Call February 1, 2024 5:00 PM ET Company Participants Lisah Burhan - Vice President, Investor Relations Linda Rendle - Chair and Chief Executive Officer Kevin Jacobsen - Executive Vice President and Chief Financial Officer Conference Call Participants Andrea Teixeira - JPMorgan Chase Peter Grom - UBS Anna Lizzul - Bank of America Securities Dara Mohsenian - Morgan Stanley Filippo Falorni - Citi Christopher Carey - Wells Fargo Kaumil Gajrawala - Jeffe ...
Clorox (CLX) Q2 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-02-01 23:21
Clorox (CLX) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this consumer products maker would post a loss of $0.20 per share when it actually produced earnings of $0.49, delivering a surprise of 345%.Over the last four quarters, the company ...
Clorox shares climb as bleach maker rebounds from 2023 cybersecurity attack
Market Watch· 2024-02-01 23:01
Clorox Co. shares climbed 6.7% in extended trading Thursday amid the bleach and cleaning products maker’s rebound from last year’s cybersecurity attack that caused widescale disruption to its operations.The company reported fiscal second-quarter sales of $1.99 billion, a 16% increase from $1.715 billion in the same period last year. Clorox CLX, +1.92% said that the increase was driven largely by higher volume as the company rebuilt customer inventories following the cybersecurity attack as well as a favorab ...