Clorox: Fiscal Q4 Earnings Snapshot
OAKLAND, Calif. (AP) _ Clorox Co. (CLX) on Wednesday reported fiscal fourth-quarter earnings of $101 million.
On a per-share basis, the Oakland, California-based company said it had profit of 81 cents. Earnings, adjusted for non-recurring costs, were 93 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.
The consumer products maker posted revenue of $1.8 billion in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $1.86 billion.
For the year, the company reported profit of $462 million, or $3.73 per share. Revenue was reported as $7.11 billion.
Clorox expects full-year earnings in the range of $3.85 to $4.22 per share.