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Clorox: Fiscal 3Q Earnings Snapshot

OAKLAND, Calif. (AP) _ Clorox Co. (CLX) on Wednesday reported fiscal third-quarter profit of $187 million.

On a per-share basis, the Oakland, California-based company said it had net income of $1.44.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share.

The consumer products maker posted revenue of $1.55 billion in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $1.56 billion.

Clorox expects full-year earnings to be $6.25 to $6.35 per share.

Clorox shares have risen roughly 4% since the beginning of the year, while the Standard & Poor's 500 index has risen 18%. The stock has climbed 36% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLX at https://www.zacks.com/ap/CLX