Investing.com - Clorox reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Clorox announced earnings per share of $0.66 on revenue of $1.69B. Analysts polled by Investing.com anticipated EPS of $0.8428 on revenue of $1.66B.
Clorox shares are up 18% from the beginning of the year and are trading at $151.30 , down-from-52-week-high.They are outperforming the S&P 500 which is down 6.06% from the start of the year.
Clorox shares lost 8.49% in after-hours trade the report.
Clorox follows other major Consumer Staples sector earnings this month
Clorox's report follows an earnings beat by Procter&Gamble on January 19, who reported EPS of $1.66 on revenue of $20.95B, compared to forecasts EPS of $1.65 on revenue of $20.33B.
Estee Lauder had beat expectations on Thursday with second quarter EPS of $3.01 on revenue of $5.54B, compared to forecast for EPS of $2.63 on revenue of $5.49B.
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