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Consumer Goods | Housewares & Accessories | USA
Clorox Stock Becoming a Buy on Earnings Beat
Clorox stock is flying higher after beating second-quarter estimates. Could be time to buy it.
Clorox is on the move after the company released better-than-expected earnings, reporting $1.40 in earnings per share, 11 cents ahead of expectations. Second-quarter revenue grew 3.5% year-over-year and came in-line with estimates. Margin improvement helped pave the way, with gross margins expanding 70 basis points to 43.7%.
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Currently, analysts are near the midpoint of those expectations, calling for 3.2% sales growth in 2019 and for earnings of $6.32.
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https://www.thestreet.com/investing/earn...yptr=yahoo
CLX +5,5%
![[Bild: CLXc1dl1453.png]](https://finviz.com/publish/020419/CLXc1dl1453.png)
Clorox Stock Becoming a Buy on Earnings Beat
Clorox stock is flying higher after beating second-quarter estimates. Could be time to buy it.
Clorox is on the move after the company released better-than-expected earnings, reporting $1.40 in earnings per share, 11 cents ahead of expectations. Second-quarter revenue grew 3.5% year-over-year and came in-line with estimates. Margin improvement helped pave the way, with gross margins expanding 70 basis points to 43.7%.
...
Currently, analysts are near the midpoint of those expectations, calling for 3.2% sales growth in 2019 and for earnings of $6.32.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
CLX +5,5%
