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Analysts raised their price targets for Church & Dwight after the company reported strong earnings last quarter.

ResultsRead the original at Benzinga
Good for CHD

Church & Dwight beat Q3 profit and sales estimates and approved a $1 billion buyback, supporting a positive read. Its full-year profit forecast matches estimates, and its $6.234 billion sales forecast is below the $6.240 billion estimate.

CHD · Church & Dwight Company, Inc.

AI read · Good for CHD

The AI's read

That points to continued demand for its brands, and the buyback gives the company a way to return cash to owners. The other side is that its full-year profit forecast matches analysts' estimate, and its sales forecast is slightly below their estimate.

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