These Analysts Boost Their Forecasts On Clorox Following Better-Than-Expected Q4 Results - Clorox (NYSE:C

Clorox Co (NYSE:CLX) reported better-than-expected earnings for the fourth quarter on Monday.The company posted quarterly earnings of $1.66 per share which beat the analyst consensus estimate of $1.65 per share. The company reported quarterly sales of $1.948 billion which beat the analyst consensus estimate of $1.898 billion.Clorox said it sees FY2027 adjusted EPS of $5.70-$6.00, versus market estimates of $5.97. The company expects sales of $7.594 billion-$7.661 billion, versus estimates of $7.501 billion.Clorox shares rose 1.8% to $100.00 in pre-market trading.These analysts made changes to their price targets on Clorox following earnings announcement.

Evercore ISI Group analyst Javier Escalante maintained the stock with an Underperform rating and raised the price target from $98 to $99.

Wells Fargo analyst Chris Carey maintained the stock with an Equal-Weight rating and raised the price target from $95 to $102.