Clorox (NYSE:CLX) Announces FY 2027 Earnings Guidance

Clorox (NYSE:CLX) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.700-6.000 for the period, compared to the consensus earnings per share estimate of 5.690. The company issued revenue guidance of $7.6 billion-$7.7 billion, compared to the consensus revenue estimate of $7.6 billion.

Clorox Stock Up 2.3%

NYSE CLX opened at $90.04 on Tuesday. The company has a quick ratio of 0.38, a current ratio of 0.66 and a debt-to-equity ratio of 15.80. Clorox has a fifty-two week low of $79.12 and a fifty-two week high of $128.90. The business has a 50 day moving average price of $88.27 and a two-hundred day moving average price of $99.92. The stock has a market cap of $10.89 billion, a PE ratio of 18.68, a P/E/G ratio of 2.91 and a beta of 0.59.

Clorox (NYSE:CLX) last posted its quarterly earnings data on Monday, November 2nd. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.48. Clorox had a net margin of 8.74% and a return on equity of 522.23%. The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same quarter last year, the firm posted $0.85 earnings per share. The business’s quarterly revenue was up 33.3% on a year-over-year basis. As a group, sell-side analysts predict that Clorox will post 5.66 EPS for the current fiscal year.

Clorox Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Wednesday, October 28th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Wednesday, October 28th. Clorox’s dividend payout ratio (DPR) is presently 103.73%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company set a $90.00 price target on shares of Clorox in a research note on Tuesday. TD Cowen decreased their price objective on shares of Clorox from $85.00 to $80.00 and set a “hold” rating for the company in a research report on Tuesday, October 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Clorox in a research note on Tuesday, October 6th. Evercore upgraded Clorox from an “underperform” rating to a “hold” rating and set a $99.00 target price for the company in a research note on Monday. Finally, Wall Street Zen lowered Clorox from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Twelve equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $93.29.

More Clorox News

Here are the key news stories impacting Clorox this week:

• Positive Sentiment: Clorox reported adjusted earnings of $1.55 per share, well above the $1.07 analyst consensus and up from $0.85 a year earlier. Revenue rose 33.3% year over year to $1.91 billion, exceeding estimates of $1.88 billion. Clorox Reports Q1 Fiscal Year 2027 Results
• Positive Sentiment: The earnings beat and better-than-expected sales are supporting investor sentiment, with management highlighting broad business momentum and improved profitability. Clorox Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Evercore ISI upgraded Clorox from “underperform” to “in-line” and set a $99 price target, citing the incoming CEO’s turnaround experience as a potential catalyst for the earnings recovery. Evercore ISI Upgrades Clorox
• Neutral Sentiment: Management’s earnings call emphasized recovery efforts and operating priorities under the new CEO, but investors are likely to wait for evidence that the turnaround can produce sustainable growth. Clorox Q1 2027 Earnings Call Transcript
• Negative Sentiment: Clorox now expects full-year adjusted EPS toward the lower end of its previously issued $5.70–$6.00 range, tempering the impact of the quarterly beat. Clorox Posts Higher Revenue and Profit
• Negative Sentiment: Management cited inflation, higher input and other operating costs, and difficult comparisons created by prior-period distortions. These pressures could limit margin expansion despite strong reported sales and earnings. Clorox Guidance and Inflation Analysis

Clorox Company Profile

The Clorox Company, founded in 1913 and headquartered in Oakland, California, is a consumer and professional products company. It began with household bleach and has expanded into a portfolio of brands serving cleaning, household, personal care, food, and professional markets.

Its brands include Clorox disinfecting and cleaning products, Pine-Sol cleaners, Liquid-Plumr drain care, Kingsford charcoal, Fresh Step and Scoop Away cat litter, Hidden Valley dressings and dips, Brita water filtration products, and Burt’s Bees personal care items.