Clorox Sees FY25 Adj. EPS $6.65-$6.90 (Prior $6.55-$6.80), Sees FY25 Gross Margin Up 100-150 Bps (Prior Up ~100 Bps)
Portfolio Pulse from Benzinga Newsdesk
Clorox has updated its financial outlook for fiscal year 2025, raising its adjusted EPS guidance to $6.65-$6.90 from the previous $6.55-$6.80. Additionally, the company expects its gross margin to increase by 100-150 basis points, up from the prior estimate of approximately 100 basis points.
October 30, 2024 | 8:12 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Clorox has improved its financial outlook for FY25, raising its adjusted EPS guidance and expecting a higher increase in gross margin. This suggests a positive performance outlook.
The increase in adjusted EPS guidance and expected gross margin improvement indicate Clorox's confidence in its financial performance, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100