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Church & Dwight's Q1 Adjusted Earnings, Net Sales Rise; 2024 Non-GAAP EPS Guidance Revised
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Church & Dwight's Q1 Adjusted Earnings, Net Sales Rise; 2024 Non-GAAP EPS Guidance Revised
May 2, 2024 5:49 AM

08:40 AM EDT, 05/02/2024 (MT Newswires) -- Church & Dwight ( CHD ) reported Q1 adjusted earnings Thursday of $0.96 per diluted share, up from $0.85 a year earlier.

Analysts polled by Capital IQ expected $0.87.

Net sales for the quarter ended March 31 were $1.50 billion, compared with $1.43 billion a year earlier. Analysts surveyed by Capital IQ expected $1.49 billion.

The company said it expects Q2 adjusted earnings of $0.83 per diluted share. Analysts polled by Capital IQ expect $0.92.

Church & Dwight ( CHD ) also said it now expects 2024 adjusted earnings of $3.42 to $3.45 per diluted share, compared with its prior guidance of $3.42 at the midpoint. Analysts surveyed by Capital IQ expect $3.45.

The company said it continues to expect net sales growth for the year of nearly 4% to 5%.

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