Church & Dwight Co. (CHD) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $0.86 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.85. The company posted revenue of $849.00 million in the period, compared to analysts expectations of $827.32 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.
Many Wall Street Analysts have commented on Church & Dwight Co.. Church & Dwight Co. was Downgraded by BofA/Merrill to ” Underperform” on Apr 18, 2016.
Church & Dwight Co. opened for trading at $93.19 and hit $93.99 on the upside on Wednesday, eventually ending the session at $93.89, with a gain of 0.26% or 0.24 points. The heightened volatility saw the trading volume jump to 6,95,427 shares. Company has a market cap of $12,180 M.
In a different news, on Feb 23, 2016, Steven J Katz (VP, Controller and CAO) sold 6,600 shares at $89.85 per share price. According to the SEC, on Feb 22, 2016, Paul A Siracusa (Executive V.P., Global R&D) sold 10,000 shares at $89.54 per share price. On Feb 18, 2016, Bradley C Irwin (director) sold 2,500 shares at $89.95 per share price, according to the Form-4 filing with the securities and exchange commission.
Church & Dwight Co. Inc. develops manufactures and markets a range of household personal care and specialty products. The Company operates in three segments. The Consumer Domestic segment provides the power brands (ARM & HAMMER TROJAN OXICLEAN SPINBRUSH FIRST RESPONSE NAIR ORAJEL XTRA LIL CRITTERS and VITAFUSION) and other household and personal care products such as SCRUB FREE KABOOM and ORANGE GLO cleaning products ANSWER home pregnancy and ovulation test kits ARRID antiperspirant and CLOSE-UP and AIM toothpastes. The Consumer International segment sells personal care products some of which use the same brands as the Companys domestic product lines in International markets. The Specialty Products Division (SPD) is a producer of sodium bicarbonate which it sells together with other specialty inorganic chemicals for industrial institutional medical and food applications. SPD also sells a range of animal nutrition and specialty cleaning products.