OAKLAND, Calif. (AP) — Clorox Co. (CLX) on Friday reported fiscal second-quarter earnings of $233 million.
On a per-share basis, the Oakland, California-based company said it had profit of $1.77. Earnings, adjusted for pretax gains, came to $1.23 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.
The consumer products maker posted revenue of $1.42 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $1.43 billion.
Clorox expects full-year earnings to be $6.17 to $6.37 per share.
Clorox shares have fallen roughly 6 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 5.5 percent. The stock has climbed 16 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLX at https://www.zacks.com/ap/CLX