Clorox: Q3 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Shares of Clorox (NYSE:CLX) rose 2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 31.25% over the past year to $1.89, which beat the estimate of $1.67.

Revenue of $1,783,000,000 higher by 14.96% from the same period last year, which beat the estimate of $1,710,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: May 01, 2020

Time: 12:01 PM ET

Webcast URL: https://78449.choruscall.com/dataconf/productusers/clx/mediaframe/36776/indexr.html

Price Action

Company's 52-week high was at $214.26

Company's 52-week low was at $144.12

Price action over last quarter: Up 16.12%

Company Description

With a history dating back more than 100 years, Clorox now sells a variety of consumer staples products, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, SOS, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Around 85% of Clorox's sales stem from its home turf.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: EarningsNews