Church & Dwight Down 6% As Outlook Comes In Lower Than Estimates

On:

Shares of Church & Dwight Co Inc. (CHD) are down more than 6% Friday morning after the consumer goods company’s fourth-quarter as well as full-year earnings outlook come in below analysts’ view.

For the fourth quarter, the company expects adjusted earnings to be $0.63 per share, lower than the average estimate of analysts polled by Thomson-Reuters of $0.72 per share.

Full-year EPS is expected to be $3.15, below the consensus estimate of $3.16 per share.

CHD, currently at $85.59, has traded in the range of $70.30-$100.52 in the last 1 year.

Source: Read Full Article

Lates News:
  1. VIZIO Climbs 4% On Reporting 100% Growth In Direct Advt. Commitments
  2. Bloomberg Strategist: “We’re in the Final Stages of This Bear Market for Cryptos”
  3. $BTC: Former SEC Enforcement Attorney Explains Why “Bitcoin’s Price Is Rising”
  4. $BTC: BitMEX Co-Founder Offers Two Possible Explanations for Bitcoin’s Current Rally
  5. Cryptos Plummet Amidst A Dollar That Leaps On Fed Fears