Church & Dwight Co. Inc. (CHD) announced its second-quarter earnings, showcasing a year-over-year increase that surpassed Wall Street projections.
The company reported earnings of $243.5 million, equivalent to $0.99 per share, compared to $221.2 million, or $0.89 per share, during the same period last year.
On an adjusted basis, excluding one-time items, Church & Dwight Co. Inc. posted earnings of $0.93 per share for the quarter.
Market analysts, on average, had predicted earnings of $0.84 per share, according to data compiled by Thomson Reuters; these forecasts typically exclude special items.
Revenue for the quarter saw a 3.9% rise, reaching $1.511 billion, up from $1.454 billion in the previous year.
Detailed Earnings Overview (GAAP):
- **Earnings (Q2):** $243.5 million vs. $221.2 million last year
- **EPS (Q2):** $0.99 vs. $0.89 last year
- **Revenue (Q2):** $1.511 billion vs. $1.454 billion last year
**Guidance:**
- EPS guidance for the next quarter: $0.67
