Clorox Co. (CLX) revealed earnings for its second quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $99 million, or $0.80 per share. This compares with $69 million, or $0.56 per share, in last year's second quarter.
Excluding items, Clorox Co. reported adjusted earnings of $0.98 per share for the period.
Analysts on average had expected the company to earn $0.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.8% to $1.72 billion from $1.69 billion last year.
Clorox Co. earnings at a glance (GAAP) :
-Earnings (Q2): $99 Mln. vs. $69 Mln. last year.
-EPS (Q2): $0.80 vs. $0.56 last year.
-Analyst Estimate: $0.65
-Revenue (Q2): $1.72 Bln vs. $1.69 Bln last year.
-Guidance:
Full year EPS guidance: $4.05 to $4.30
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