Church & Dwight: 4Q Earnings Snapshot
EWING, N.J. (AP) _ Church & Dwight Co. (CHD) on Friday reported fourth-quarter profit of $144.4 million.
On a per-share basis, the Ewing, New Jersey-based company said it had net income of 58 cents. Earnings, adjusted for non-recurring gains, were 55 cents per share.
The results met Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of 55 cents per share.
The maker of household and personal products posted revenue of $1.14 billion in the period, also meeting Street forecasts.
For the year, the company reported profit of $615.9 million, or $2.44 per share. Revenue was reported as $4.36 billion.
Church & Dwight expects full-year earnings in the range of $2.64 to $2.69 per share.
Church & Dwight shares have risen 3.5% since the beginning of the year. The stock has increased 15% in the last 12 months.