Church & Dwight's Revised Evergreen Model Calls For 4% Organic Net Sales Growth (Previously 3%), Maintains 8% Annual EPS Growth Target
Portfolio Pulse from Benzinga Newsdesk
Church & Dwight has updated its Evergreen Model, now forecasting a 4% organic net sales growth, up from the previous 3%, while maintaining its target for 8% annual EPS growth.
February 02, 2024 | 12:01 pm
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Church & Dwight has revised its Evergreen Model, increasing its organic net sales growth forecast to 4% from the previous 3%, with an unchanged target of 8% annual EPS growth.
The revision in Church & Dwight's growth forecast is a positive signal to investors, indicating stronger than expected performance and operational efficiency. This update is likely to instill confidence among investors, potentially leading to a short-term positive impact on the stock price as it reflects optimism about the company's future revenue and earnings potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100