Investing.com - Clorox reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Clorox announced earnings per share of $1.62 on revenue of $1.78B. Analysts polled by Investing.com anticipated EPS of $1.47 on revenue of $1.86B.
Clorox shares are down 7% from the beginning of the year and are trading at $185.94 , down-from-52-week-high.They are under-performing the S&P 500 which is up 12.12% from the start of the year.
Clorox follows other major Consumer/Non-Cyclical sector earnings this month
Clorox's report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of $1.26 on revenue of $18.11B, compared to forecasts EPS of $1.19 on revenue of $17.96B.
Coca-Cola had beat expectations on April 19 with first quarter EPS of $0.55 on revenue of $9B, compared to forecast for EPS of $0.5039 on revenue of $8.68B.
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