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Benzinga
15 days

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.

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FAQ

Why Bearish?

Despite beating estimates, lower Q3 EPS and falling stock price cause concern.

How important is it?

Earnings performance and analyst target revisions critical for short-term stock movement.

Why Short Term?

Q2 results may offer brief gain, but negative outlooks and target cuts dominate sentiment.

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