Investing.com - Clorox reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Clorox announced earnings per share of $0.93 on revenue of $1.8B. Analysts polled by Investing.com anticipated EPS of $0.9313 on revenue of $1.86B.
Clorox shares are up 31% from the beginning of the year and are trading at $137.06 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.82% from the start of the year.
Clorox shares lost 5.19% in after-hours trade the report.
Clorox follows other major Consumer Staples sector earnings this month
Clorox's report follows an earnings missed by Procter&Gamble on Friday, who reported EPS of $1.21 on revenue of $19.52B, compared to forecasts EPS of $1.22 on revenue of $19.4B.
Nestle ADR had matched expectations on July 28 with second quarter EPS of $2.18 on revenue of $24.41B, compared to forecast for EPS of $2.18 on revenue of $23.59B.
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