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Church & Dwight (CHD) Q4 Earnings & Sales Increase Y-o-Y
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Church & Dwight Company Inc (CHD - Free Report) develops, manufactures and markets a broad range of household, personal care and specialty products. The company came out with fourth-quarter 2017 results wherein adjusted earnings of 52 cents came ahead of the Zacks Consensus Estimate of 50 cents and also increased 18.2% from the prior-year quarter.
Management projects adjusted earnings for the first quarter to grow 17.3% to 61 cents a share. 2018 adjusted earnings are expected to be $2.24-$2.28 per share, reflecting 16%-18% growth from the year-ago figure.
Earnings Estimate Revision: The Zacks Consensus Estimate for 2018 has witnessed an uptrend in the last 30 days. In the trailing four quarters, excluding the quarter under review, the company outperformed the Zacks Consensus Estimate by an average of 6.8%.
Church & Dwight Company, Inc. Price and EPS Surprise
Revenues: Church & Dwight generated total sales of $1,033.1 million that increased 15.3% year over year and came ahead of the Zacks Consensus Estimate of $1,007 million. Organic sales increased 3.4%. Management forecasts first quarter net sales to increase by 11%, while organic sales are expected to increase roughly 2%. Further, it expects 2018 net sales and organic sales to increase by nearly 8% and 3%, respectively.
Key Events: Church & Dwight announced a 14% hike on its quarterly dividend, from 19 cents per share to 21.75 cents. This is payable on Mar 1, 2018 to shareholders of record as on Feb 15.
Also, the company joined forces with DKSH, in order to make it the company’s leading distributor in Southeast Asia – with major focus on Hong Kong, Thailand, Singapore and Malaysia. This deal will help Church & Dwight get marketing, distribution, logistics and sales services from DKSH for it personal care and household products in these regions.
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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Church & Dwight (CHD) Q4 Earnings & Sales Increase Y-o-Y
Church & Dwight Company Inc (CHD - Free Report) develops, manufactures and markets a broad range of household, personal care and specialty products. The company came out with fourth-quarter 2017 results wherein adjusted earnings of 52 cents came ahead of the Zacks Consensus Estimate of 50 cents and also increased 18.2% from the prior-year quarter.
Management projects adjusted earnings for the first quarter to grow 17.3% to 61 cents a share. 2018 adjusted earnings are expected to be $2.24-$2.28 per share, reflecting 16%-18% growth from the year-ago figure.
Earnings Estimate Revision: The Zacks Consensus Estimate for 2018 has witnessed an uptrend in the last 30 days. In the trailing four quarters, excluding the quarter under review, the company outperformed the Zacks Consensus Estimate by an average of 6.8%.
Church & Dwight Company, Inc. Price and EPS Surprise
Church & Dwight Company, Inc. Price and EPS Surprise | Church & Dwight Company, Inc. Quote
Revenues: Church & Dwight generated total sales of $1,033.1 million that increased 15.3% year over year and came ahead of the Zacks Consensus Estimate of $1,007 million. Organic sales increased 3.4%. Management forecasts first quarter net sales to increase by 11%, while organic sales are expected to increase roughly 2%. Further, it expects 2018 net sales and organic sales to increase by nearly 8% and 3%, respectively.
Key Events: Church & Dwight announced a 14% hike on its quarterly dividend, from 19 cents per share to 21.75 cents. This is payable on Mar 1, 2018 to shareholders of record as on Feb 15.
Also, the company joined forces with DKSH, in order to make it the company’s leading distributor in Southeast Asia – with major focus on Hong Kong, Thailand, Singapore and Malaysia. This deal will help Church & Dwight get marketing, distribution, logistics and sales services from DKSH for it personal care and household products in these regions.
Zacks Rank: Church & Dwight currently carries a Zacks Rank #3 (Hold), which is subject to change following the earnings announcement. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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