The Latest Breaking News from Clorox

As the pain of a global recession is already being felt and markets have been volatile, investors are searching for companies that can withstand the macroeconomic headwinds.

The Clorox Company CLX is likely to register top-line growth when it reports fourth-quarter fiscal 2022 earnings on Aug 3. The Zacks Consensus Estimate for quarterly revenues is pegged at $1,856 million, suggesting a rise of around 3% from the prior-year quarter's reported figure.

Over the past 3 months, 7 analysts have published their opinion on Clorox (NYSE:CLX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

The stock market has been facing immense volatility lately due to multi-decade high inflation. However, amid high inflationary pressures, consumer defensive stocks tend to remain resilient because of these companies' inelastic demand for products. Consumer defensive stocks The Clorox Company (CLX) and Newell Brands (NWL) look well-positioned to survive the…

Analysts have provided the following ratings for Clorox (NYSE:CLX) within the last quarter:

Clorox's (NYSE:CLX) short percent of float has risen 19.39% since its last report. The company recently reported that it has 5.74 million shares sold short, which is 4.68% of all regular shares that are available for trading.

According to Benzinga Pro, during Q3, Clorox (NYSE:CLX) earned $152.00 million, a 111.11% increase from the preceding quarter. Clorox also posted a total of $1.81 billion in sales, a 6.98% increase since Q2.

Analysts have provided the following ratings for Clorox (NYSE:CLX) within the last quarter:

Clorox (NYSE:CLX) reported its Q3 earnings results on Monday, May 2, 2022 at 04:15 PM. Here's what investors need to know about the announcement. Earnings Clorox beat estimated earnings by 35.05%, reporting an EPS of $1.31 versus an estimate of $0.97.

Clorox Co (NYSE: CLX) shares are trading lower in Monday's after-hours session after the company reported financial results and cut its full-year earnings forecast.

Clorox (NYSE:CLX) is set to give its latest quarterly earnings report on Monday, 2022-05-02. Here's what investors need to know before the announcement. Analysts estimate that Clorox will report an earnings per share (EPS) of $0.97.