Church & Dwight Reaffirms FY24 Adj. EPS Outlook - Update

RTTNews | 296 gün önce
Church & Dwight Reaffirms FY24 Adj. EPS Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Friday, Church & Dwight Co., Inc. (CHD) maintained its adjusted earnings growth for the full-year 2024, while trimming annual net sales growth.

For fiscal 2024, the company now projects earnings growth of 12 to 13 percent and adjusted earnings growth of 8 to 9 percent on net sales growth of 3.5 percent, with organic sales growth of 4.0 percent.

Previously, the company expected earnings growth of 9.5 to 10.5 percent and adjusted earnings growth of 8 to 9 percent on net sales and organic sales growth of 4 to 5 percent.t

On average, analysts expect the company to report earnings of $3.46 per share on revenue growth of 4.5 percent to $6.13 billion for the year, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

For the third quarter, the company expects earnings of $0.65 per share and adjusted earnings of $0.67 per share on net sales growth of 2.5 percent, with organic sales growth of 3.0 percent.

The Street is looking for earnings of $0.85 per share on revenues growth of 6.1 percent to $1.52 billion for the quarter.

Etiketler: CHD
read more
Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street and Europe on Friday, on renewed trade and tariff concerns after US President Donald Trump threatened to impose 50 percent tariffs on imports from the European Union beginning June 1. However, Trump agreed to delay a sweeping 50 percent tariff on EU imports until July 9 over the weekend.
RTTNews | 24 dakika önce
Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline

Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline

Indian shares look set to open higher on Monday, tracking gains in U.S. index futures and mostly positive cues from Asian markets after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
RTTNews | 50 dakika önce
Thai Bourse May Hand Back Friday's Gains

Thai Bourse May Hand Back Friday's Gains

The Thai stock market on Friday snapped the tw0-day slide in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,175-point plateau although it may head south again on Monday.
RTTNews | 1s 23 dakika önce
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, despite the broadly negative cues from Wall Street on Friday, with the Nikkei 225 moving up to near the 37,400 level, with gains in index heavyweights, automakers and technology stocks.
RTTNews | 1s 51 dakika önce
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in three straight sessions, gathering more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just above the 7,210-point plateau, although the rally may stall on Monday.
RTTNews | 1s 53 dakika önce
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market bounced higher again on Friday, one day after snapping the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,600-point plateau although it's tipped to open in the red on Monday.
RTTNews | 2s 8 dakika önce
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower in choppy trading on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying near the 8,350.00 level, with a mixed performance across most sectors. Gold miners were the only bright spot
RTTNews | 2s 23 dakika önce