Clorox Q3 Earnings Preview: Revenue Expected to Decline 20.5%

Clorox is set to report Q3 earnings after market close, with analysts expecting a 20.5% YoY revenue decline to $1.40 billion and adjusted earnings of $0.78 per share. The company has beaten revenue expectations by 3.3% in the previous quarter, and its peers in the household products segment have reported mixed results. Clorox's stock is down 8.6% in the last month and has an average analyst price target of $129.88.