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Update: Church & Dwight Shares Rise After Posting Higher Q3 Adjusted Earnings, Revenue

Update: Church & Dwight Shares Rise After Posting Higher Q3 Adjusted Earnings, Revenue

MT newswireMT newswire2026/10/30 14:03
10:03 AM EDT, 10/30/2026 (MT Newswires) -- (Updates with recent stock movement in headline and first paragraph, share repurchase program in eighth paragraph.) Church & Dwight (CHD) shares were up 0.9% in morning trading on Friday after the consumer goods company posted higher Q3 adjusted earnings and revenue. The company reported Q3 adjusted earnings Friday of $0.92 per diluted share, up from $0.81 a year earlier. Analysts surveyed by FactSet expected $0.90. Revenue for the quarter ended Sept. 30 was $1.60 billion, up from $1.59 billion a year earlier. Analysts expected $1.58 billion. For Q4, the company said it expects adjusted EPS to increase 17% to 19% versus last year, and reported sales to decline 0.5%. Analysts expect $1.03 and $1.66 billion, respectively. The company said it now expects 2026 adjusted earnings to be up about 7% compared with prior guidance of up 6% to 8%, and reported sales growth to be about 0.5%, versus flat to 1% growth prior. Analysts expect $3.78 and $6.24 billion, respectively. Church & Dwight's board has also approved a new share repurchase program for up to $1 billion of its common stock. The new program replaces the company's existing one and has no expiration date, according to a statement. Price: 106.93, Change: +0.93, Percent Change: +0.88
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