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Will Church & Dwight Beat Estimates Again in Its Next Earnings Report?
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Church & Dwight (NYSE: CHD). This company, which is in the Zacks Soap and Cleaning Materials industry, shows potential for another earnings beat.
This maker of household and personal products has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.60%.
For the most recent quarter, Church & Dwight was expected to post earnings of $0.86 per share, but it reported $0.96 per share instead, representing a surprise of 11.63%. For the previous quarter, the consensus estimate was $0.64 per share, while it actually produced $0.65 per share, a surprise of 1.56%.
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