Church & Dwight (CHD) Q4 Earnings Report Preview: What To Look For

Adam Hejl /
2024/02/01 2:00 am EST

Household products company Church & Dwight (NYSE:CHD) will be announcing earnings results tomorrow before market hours. Here's what to expect.

Last quarter Church & Dwight reported revenues of $1.46 billion, up 10.5% year on year, beating analyst revenue expectations by 1.5%. It was a mixed quarter for the company, with a decent beat of analysts' revenue estimates but underwhelming earnings guidance for the next quarter.

Is Church & Dwight buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Church & Dwight's revenue to grow 5.3% year on year to $1.51 billion, in line with the 4.9% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.65 per share.

Church & Dwight Total Revenue

The analysts covering the company have had mixed opinions about the business heading into the earnings, with revenue estimates seeing five upward and three downward revisions over the last thirty days. The company only missed Wall St's revenue estimates once over the last two years, and has on average exceeded top line expectations by 1.8%.

Looking at Church & Dwight's peers in the household products segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. WD-40 delivered top-line growth of 12.4% year on year, beating analyst estimates by 4.5% and Procter & Gamble reported revenues up 3.2% year on year, missing analyst estimates by 0.3%. WD-40 traded up 5.% on the results, and Procter & Gamble was flat on the results.

Read our full analysis of WD-40's results here and Procter & Gamble's results here.

Investors in the household products segment have had steady hands going into the earnings, with the stocks down on average 1.2% over the last month. Church & Dwight is up 6.3% during the same time, and is heading into the earnings with analyst price target of $96.5, compared to share price of $99.8.

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The author has no position in any of the stocks mentioned.