02.05.2024 14:52:34 - dpa-AFX: ROUNDUP: Church & Dwight Raises 2024 Adj. EPS Guidance

WASHINGTON (dpa-AFX) - Church & Dwight Co., Inc. (CHD) said its 2024
adjusted EPS growth expectation is now 8-9%, revised from 7-9%, previously. Full
year reported EPS growth is expected to be approximately 9.5%-10.5%. The company
continues to expect full year 2024 reported and organic sales growth to be
approximately 4% to 5%.

For the second quarter, the company now expects: reported EPS of $0.81 and
adjusted EPS of $0.83 per share. The company expects reported sales growth of
approximately 3.5% and organic sales growth of approximately 4.0%. Analysts
polled by Thomson Reuters expect the company to report profit per share of
$0.92. Analysts' estimates typically exclude special items.

First quarter bottom line came in at $227.7 million, or $0.93 per share compared
with $203.2 million, or $0.82 per share, in last year's first quarter. Adjusted
EPS was $0.96, an increase of 12.9%. Analysts on average had expected the
company to earn $0.87 per share, according to figures compiled by Thomson
Reuters.

The company's revenue for the quarter rose 4.9% to $1.50 billion from $1.43
billion last year.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CHURCH + DWIGHT CO. DL 1 864371 Frankfurt 95,320 29.05.24 08:18:40 -1,640 -1,69% 95,440 95,560 95,320 96,960

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