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Church & Dwight (CHD) Reports In-Line Q3 EPS

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Church & Dwight (CHD) PT, Estimates Trimmed at Jefferies; Issues Seen as Transitory

November 4, 2016 8:27 AM EDT

Jefferies analyst Kevin Grundy lowered estimates and his price target on Church & Dwight Co. Inc. (NYSE: CHD) to $53.00 (from $59.00) but maintained a Buy rating. The analyst said transitory issues weighed on Q3 results.

Grundy commented, "Despite in-line EPS of $0.47, CHD's 3Q wasn't... More