Church & Dwight Misses Estimates (CHD)

Princeton, New Jersey-based Church & Dwight Company, Inc. CHD announced on Tuesday morning that it missed consensus Wall Street estimates. Church & Dwight Company, Inc reported that its 4th quarter net income fell to $47.0 million, or 65 cents per share, down from $52.8 million, or 74 cents per share, a year earlier. Excluding special items, the company's earnings came in at 86 cents per share. Church & Dwight Company, Inc reported revenue of $656.9 million, down from $670.8 million a year earlier. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 89 cents per share, on revenue of $659.40 million. Church & Dwight Company, Inc. (CHD) closed the previous trading day at $69.84 per share. Analysts covering the company's stock give it a consensus price target of $72.03 per share. Church & Dwight Company, Inc manufactures and markets a wide range of personal care, household and specialty products under the Arm & Hammer brand name and other well-known trademarks. Read more from Benzinga's Company news.
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Posted In: EarningsNewsConsumer StaplesHousehold Products
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