OAKLAND, Calif., November 9, 2019 – Shares of The Clorox Company (NYSE: CLX) gained 0.67% to $148.00. The stock traded total volume of 649.057K shares lower than the average volume of 984.00K shares.
The Clorox Company (CLX) delivered earnings from continuing operations of $241.0M compared to $217.0M in the year-ago quarter. This translates to a 13% increase in diluted EPS — to $1.88 from $1.66 in the year-ago quarter. Diluted EPS results reflect a lower effective tax rate, primarily from the benefit of U.S. tax reform, as well as higher gross margin, partially offset by lower sales and increased advertising and sales promotion spending.
CLX has the market capitalization of $18.65B and its EPS growth ratio for the past five years was 7.50%. The return on assets ratio of the Company was 15.70% while its return on investment ratio stands at 25.30%. Price to sales ratio was 3.00 while 82.20% of the stock was owned by institutional investors.