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Church & Dwight Company(CHD-N)
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What To Expect From Church & Dwight's (CHD) Q1 Earnings

StockStory - Wed May 1, 2:10AM CDT

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Household products company Church & Dwight (NYSE:CHD) will be reporting earnings tomorrow before market open. Here's what to look for.

Church & Dwight beat analysts' revenue expectations by 1.1% last quarter, reporting revenues of $1.53 billion, up 6.4% year on year. It was a good quarter for the company, with an decent beat of analysts' revenue and EPS estimates.

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

This quarter, analysts are expecting Church & Dwight's revenue to grow 4.4% year on year to $1.49 billion, slowing from the 10.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.87 per share.

Church & Dwight Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Church & Dwight has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 1.7% on average.

Looking at Church & Dwight's peers in the household products segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Clorox's revenues decreased 5.3% year on year, missing analysts' expectations by 3%, and Kimberly-Clark reported flat revenue, topping estimates by 1.2%. Kimberly-Clark traded up 6.9% following the results.

Read our full analysis of Clorox's results here and Kimberly-Clark's results here.

Stocks, especially growth stocks where cash flows further in the future are more important to the story, had a good end of 2023. But the beginning of 2024 has seen more volatile stock performance thanks to mixed inflation data, and while some of the household products stocks have fared somewhat better, they have not been spared, with share prices down 3.6% on average over the last month. Church & Dwight is up 3.1% during the same time and is heading into earnings with an average analyst price target of $103.2 (compared to the current share price of $107.89).

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