Will there be a feeling of dancing in the ceiling?

Show Me the Money! 31 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital
The Clorox Company (CLX) is scheduled to report fourth-quarter fiscal 2020 results on Aug 3rd, before market open. In the last reported quarter, this sanitary chemical manufacturer delivered an earnings surprise of almost 10%. Moreover, it has been securing an earnings surprise of average 6.6%, over the trailing four quarters.
What to expect this time around? Clorox has been gaining from increased demand for hand sanitizers, disinfecting wipes, and other floor and house-cleaning products on the back of rising awareness of the COVID-19 pandemic. Driven by this sudden spike in demand, management in its last earnings call raised its view for fiscal 2020. Notably, management had projected sales growth of 4-6%, with organic sales growth of 6-8%. Moreover, fiscal 2020 earnings per share are anticipated to be $6.70-$6.90.
We noted that consensus-estimate for EPS is just $1.99 versus $1.67 last quarter, while actual number came at $1.89 per share in the quarter when sanitary and hygiene sprays and liquids became hot items only in mid-March, just two-three weeks before the quarter end. So, will there be a feeling of dancing in the ceiling?