Is Church & Dwight Up for an Earnings Beat in Its Q4 Release?

Core Insights - Church & Dwight Co., Inc. (CHD) is expected to report growth in both revenue and earnings for the fourth quarter of 2024, with revenue estimated at $1.56 billion, reflecting a 2.4% increase year-over-year [1] - The earnings consensus for the fourth quarter remains at 77 cents per share, indicating an 18.5% growth compared to the previous year [2] Group 1: Company Performance - Church & Dwight's strong brand equity, driven by innovation and strategic acquisitions, supports its market position and growth [3] - Online sales represent a significant growth area, accounting for 20.7% of global sales as of the third quarter of 2024 [3] - The company's focus on expanding direct-to-consumer platforms and optimizing its omnichannel presence has yielded positive results amid changing consumer spending patterns [4] Group 2: Financial Management - Church & Dwight's cost management and strategic pricing are key in mitigating inflationary pressures and rising manufacturing costs [5] - For the full year 2024, the company anticipates an adjusted gross margin expansion of approximately 110 basis points, with a projected 30 basis points expansion for the fourth quarter [5] Group 3: Earnings Predictions - The company's earnings model suggests a likely earnings beat, supported by a positive Earnings ESP and a Zacks Rank of 3 (Hold) [6]