Clorox released its third-quarter earnings after Monday’s close, highlighting key financial results in its latest report. The company missed analyst expectations with quarterly earnings of $1.45 per share and revenue of $1.67 billion. Both figures missed analysts' estimates and are down from the prior year’s results. CEO Linda Rendle said macroeconomic uncertainty led to slower sales in the third quarter, a trend expected to continue into the fourth quarter. Clorox reaffirmed its fiscal 2025 adjusted EPS guidance of $6.95 to $7.35 per share. It now expects fiscal 2025 revenue to total up to $7.09 billion, slightly below expectations.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Clorox released its third quarter earnings after Monday's close,
00:05highlighting key financial results in its latest report.
00:08The company missed analysts' expectations of quarterly earnings of $1.45 per share
00:11and revenue of $1.67 billion.
00:14Both figures missed analysts' estimates and are down for the prior year's results.
00:18CEO Linda Rendell said macroeconomic uncertainty led to the slower sales in the third quarter,
00:23a trend expected to continue into the fourth quarter.
00:25Clorox reaffirmed its fiscal 2025 adjusted EPS guidance of $6.95 to $7.35 per share.
00:33Now expects fiscal 2025 revenue to total up to $7.09 billion, slightly below expectations.
00:39For all things money, visit Benzinga.com slash GSTV.