shares skidded 4.1% in premarket trading after the company cut its full-year forecast due to higher commodity and freight costs. Clorox beat estimates for its latest quarter by 14 cents a share, with profit of $1.62 per share. Revenue was below analysts' forecasts. shares rose 2.9% in the premarket after beating estimates on both the top and bottom lines for its latest quarter and raising its full-year forecast.
The company's shares tumbled 7.9% in premarket trading, however, after it gave an outlook that disappointed some investors. reported quarterly profit of $1.02 per share, compared to a consensus estimate of 68 cents a share. The disk drive and flash memory company's revenue also exceeded Street forecasts, with stronger memory chip prices among the positive factors for the quarter. Shares jumped 4.7% in premarket action.
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