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Church & Dwight Co. Reaffirms FY 2011 Organic Sales Guidance; Comments On Q4 2011 Organic Sales Guidance; Reaffirms FY 2011 EPS Guidance


Friday, 4 Nov 2011 07:00am EDT 

Church & Dwight Co. announced it continue to expect organic sales growth in the 3%-4% range in fiscal 2011. The Company expect to exit the year with momentum with highest organic growth in the fourth quarter 2011 behind new product shipments, broad distribution gains and higher marketing spending in the fourth quarter of 2011 compared to the fourth quarter of 2010. After considering these factors, the Company remain confident in previously announced earnings per share estimate of $2.17 to $2.20 in fiscal 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.18 for fiscal 2011. 

Company Quote

63.0
-1.13 -1.76%
20 May 2013