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Earnings Preview: Church & Dwight (CHD) Q3 Earnings Expected to Decline
Church & DwightChurch & Dwight(US:CHD) ZACKSยท2024-10-25 15:06

Company Overview - Church & Dwight (CHD) is expected to report a year-over-year decline in earnings of 8.1%, with an estimated earnings per share (EPS) of $0.68 for the quarter ended September 2024 [2] - Revenue is projected to be $1.49 billion, reflecting a 2.6% increase from the previous year [2] Earnings Expectations - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [3] - The Most Accurate Estimate for Church & Dwight is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.24%, suggesting a bearish sentiment among analysts [6] Earnings Surprise Prediction - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [5] - Church & Dwight currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [7] Historical Performance - In the last reported quarter, Church & Dwight exceeded expectations by delivering an EPS of $0.93 against an expected $0.84, resulting in a surprise of +10.71% [8] - The company has beaten consensus EPS estimates in each of the last four quarters [8] Industry Comparison - Clorox (CLX), a competitor in the same industry, is expected to report an EPS of $1.36 for the same quarter, indicating a significant year-over-year increase of 177.6% [10] - Clorox's revenue is anticipated to reach $1.63 billion, up 17.6% from the previous year, and it has a positive Earnings ESP of 2.60% along with a Zacks Rank of 2 (Buy) [10]