Clorox Co. Announces 10% Gain In Q3 Earnings

(RTTNews) - Clorox Co. (CLX) reported a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $159 million, or $1.21 per share. This was higher than $144 million, or $1.08 per share, in last year's third quarter.

Analysts had expected the company to earn $1.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.1% to $1.43 billion. This was up from $1.40 billion last year.

Clorox Co. earnings at a glance:

-Earnings (Q3): $159 Mln. vs. $144 Mln. last year. -Earnings Growth (Y-o-Y): 10.4% -EPS (Q3): $1.21 vs. $1.08 last year. -EPS Growth (Y-o-Y): 12.0% -Analysts Estimate: $1.11 -Revenue (Q3): $1.43 Bln vs. $1.40 Bln last year. -Revenue Change (Y-o-Y): 2.1%

-Guidance: Full year EPS guidance: $4.85 - $4.95