FX.co ★ Church & Dwight Co Inc. Q1 Profit Increases, beats estimates

Church & Dwight Co Inc., announced its first-quarter earnings, showcasing an increase in profit from the same quarter in the previous year and exceeding the average market predictions.

For the first quarter, Church & Dwight reported a profit of $227.7 million, which equates to $0.93 per share. This is a notable increase from the $203.2 million, or $0.82 per share, earned in the first quarter of the previous year.

With exceptional items excluded, the company's adjusted earnings were reported at $312.3 million or $0.96 per share for the quarter. The average estimation from analysts was a lower $0.87 per share, according to the data compiled by Thomson Reuters. Generally, analysts' predictions do not consider special items.

Church & Dwight's overall revenue for the quarter also indicated an increase of 4.9%, augmenting to $1.50 billion from $1.43 billion in the corresponding quarter of the previous year.

To sum up the GAAP earnings for Church & Dwight, the profits earned in the first quarter were $227.7 million compared to $203.2 million in the same quarter of the last year. Earnings per share (EPS) for the first quarter amounted to $0.93 as opposed to $0.82 in the prior year. The revenue growth manifested at $1.50 billion in comparison to last year's $1.43 billion in the same duration.