02.11.2016 11:44:21

Clorox Co. Earnings Advance 3% In Q1

(RTTNews) - Clorox Co. (CLX) revealed a profit for its first quarter that increased from last year.

The company said its bottom line rose to $179 million, or $1.36 per share. This was up from $173 million, or $1.32 per share, in last year's first quarter.

Analysts had expected the company to earn $1.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.6% to $1.44 billion. This was up from $1.39 billion last year.

Clorox Co. earnings at a glance:

-Earnings (Q1): $179 Mln. vs. $173 Mln. last year. -Earnings Growth (Y-o-Y): 3.5% -EPS (Q1): $1.36 vs. $1.32 last year. -EPS Growth (Y-o-Y): 3.0% -Analysts Estimate: $1.42 -Revenue (Q1): $1.44 Bln vs. $1.39 Bln last year. -Revenue Change (Y-o-Y): 3.6%

-Guidance: Full year EPS guidance: $5.23 - $5.43

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