Church & Dwight Co., Inc. CHD is likely to register top-and-bottom-line growth when it reports fourth-quarter 2024 earnings on Jan. 31. The Zacks Consensus Estimate for revenues is pegged at $1.56 billion, suggesting an increase of 2.4% from the prior-year quarter. 

The consensus mark for fourth-quarter earnings has remained unchanged in the past 30 days at 77 cents per share, indicating growth of 18.5% from the figure reported in the year-ago quarter. CHD has a trailing four-quarter earnings surprise of around 10%, on average.

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Things to Know About CHD’s Upcoming Results

Church & Dwight’s strong brand equity, bolstered by regular innovation and prudent acquisitions, helps it maintain its solid market position and drive growth. Online sales have emerged as a critical growth area for Church & Dwight, accounting for 20.7% of global sales as of the third-quarter 2024 earnings release.  

The company’s focus on expanding its direct-to-consumer platforms and optimizing its omnichannel presence has also been yielding positive results. These upsides bode well for the company amid challenges tied to shifting consumer spending patterns in the current economic environment. 

Church & Dwight’s focus on cost management and strategic pricing has been crucial in mitigating inflationary pressures and higher manufacturing costs. For full-year 2024, the company forecasts adjusted gross margin expansion of approximately 110 bps, driven by carryover pricing, a better product mix, increased volume and enhanced productivity, partly offset by rising manufacturing costs. This gives out positive signals for the quarter under review. Our model suggests a 30-bps adjusted gross margin expansion for the fourth quarter.

Earnings Whispers for CHD Stock

Our proven model predicts an earnings beat for Church & Dwight this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Church & Dwight carries a Zacks Rank #3 and has an Earnings ESP of +0.11%.

Other Stocks With the Favorable Combination

Here are some other companies worth considering, as our model shows that these also have the right combination of elements to beat on earnings this reporting cycle.

Tyson Foods, Inc. TSN currently has an Earnings ESP of +3.36% and a Zacks Rank of 1. The Zacks Consensus Estimate for quarterly revenues is pegged at $13.5 billion, which indicates growth of 1.2% from the figure reported in the prior-year quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Tyson Foods’ first-quarter fiscal 2025 earnings per share (EPS) is pegged at 79 cents, which implies a 14.5% increase year over year. TSN has a trailing negative four-quarter earnings surprise of roughly 57%, on average.

Kenvue Inc. KVUE currently has an Earnings ESP of +3.23% and a Zacks Rank of 3. The Zacks Consensus Estimate for quarterly revenues is pegged at $3.78 billion, which indicates growth of 3.1% from the figure reported in the prior-year quarter. 

The Zacks Consensus Estimate for Kenvue’s fourth-quarter 2024 EPS is pegged at 25 cents, which implies a 19.4% decrease year over year. KVUE has a trailing four-quarter earnings surprise of 10.2%, on average.

Clorox CLX currently has an Earnings ESP of +0.06% and a Zacks Rank of 3. The company is likely to register a top and bottom-line decline when it reports second-quarter fiscal 2025 numbers. The Zacks Consensus Estimate for Clorox’s quarterly revenues is pegged at $1.64 billion, which suggests a decrease of 17.8% from the prior-year quarter. 

The Zacks Consensus Estimate for Clorox’s quarterly earnings per share is pegged at $1.40, indicating a 35.2% decline from the year-ago period. CLX has a trailing four-quarter earnings surprise of 45.9%, on average.

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