Church & Dwight Analysts Slash Their Forecasts After Q2 Earnings
1. CHD reported Q2 adjusted EPS of 94 cents, beating estimates of 85 cents. 2. Sales of $1.51 billion exceeded the expected $1.48 billion. 3. Q3 adjusted EPS projected at 72 cents, a 9% decline year-over-year. 4. Analysts lowered price targets; Barclays maintains Underweight rating at $83. 5. Stock fell 2.5% to $91.70 following the earnings announcement.