Financial News

Church & Dwight Earnings: What To Look For From CHD

CHD Cover Image

Household products company Church & Dwight (NYSE:CHD) will be announcing earnings results tomorrow before the bell. Here’s what to look for.

Church & Dwight met analysts’ revenue expectations last quarter, reporting revenues of $1.51 billion, up 3.9% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ organic revenue growth and EBITDA estimates.

Is Church & Dwight a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Church & Dwight’s revenue to grow 2.7% year on year to $1.50 billion, slowing from the 10.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.68 per share.

Church & Dwight Total Revenue

Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 5 upward revisions over the last 30 days (we track 16 analysts). Church & Dwight has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 1.8% on average.

Looking at Church & Dwight’s peers in the household products segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Clorox delivered year-on-year revenue growth of 27.1%, beating analysts’ expectations by 7.6%, and Reynolds reported a revenue decline of 2.7%, in line with consensus estimates.

Read our full analysis of Clorox’s results here and Reynolds’s results here.

Investors in the household products segment have had steady hands going into earnings, with share prices flat over the last month. Church & Dwight is down 2.7% during the same time and is heading into earnings with an average analyst price target of $105.30 (compared to the current share price of $100.52).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefitting from the rise of AI, available to you FREE via this link.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback