What to Expect From Church & Dwight’s Upcoming Q4 Results?
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/CHD'>Church & Dwight Co., Inc. (NYSE:CHD)</a> ahead of the company’s upcoming Q4 results announcement, calling for organic growth of (1.1%), compared to the Street estimate of (0.9%) and EPS of $0.60 (in line with the Street). </p>
<p>The analysts expect another quarter driven by strength in the household business with more muted trends in personal care. The company’s household products are up 8.6% in tracked channels in the Dec quarter or 7.6% on a two-year average basis which represents a 200-bps acceleration since Sept on an underlying basis. Tracked channel performance has been driven by laundry and litter, up 10% and 13.6%, respectively.</p>
<p>The analysts lowered their 2023 EPS estimate to $3.03 from $3.15 reflecting the impacts of higher expected ad spend and interest expense. The analysts cut their price target from $85 to $83 while maintaining the Sector Perform rating. </p>

NYSE:CHD