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Church & Dwight (CHD) Q3 Earnings and Revenues Top Estimates
Church & DwightChurch & Dwight(US:CHD) ZACKSยท2024-11-01 13:05

Core Viewpoint - Church & Dwight (CHD) reported quarterly earnings of $0.79 per share, exceeding the Zacks Consensus Estimate of $0.68 per share, and showing an increase from $0.74 per share a year ago, indicating a 16.18% earnings surprise [1][2] Financial Performance - The company achieved revenues of $1.51 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.12% and up from $1.46 billion year-over-year [2] - Over the last four quarters, Church & Dwight has consistently exceeded consensus EPS estimates and revenue estimates [2] Stock Performance - Church & Dwight shares have increased approximately 5.7% since the beginning of the year, while the S&P 500 has gained 19.6%, indicating underperformance relative to the broader market [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.86 for the coming quarter and $3.43 for the current fiscal year, alongside expected revenues of $1.57 billion and $6.08 billion respectively [7] - The Zacks Rank for Church & Dwight is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Industry Context - The Soap and Cleaning Materials industry, to which Church & Dwight belongs, is currently ranked in the top 10% of over 250 Zacks industries, indicating a favorable industry outlook [8]