Church & Dwight Q3 Profit Rises - Quick Facts

(RTTNews) - Church & Dwight Co., Inc. (CHD) reported third-quarter net income of $107.9 million or $0.76 per share, compared to $93.9 million or $0.66 per share for the same period in 2012.

On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $0.73 for the quarter. Analysts' estimates typically exclude special items.

Reported net sales increased 11.0% to $804.8 million, driven largely by the Avid gummy vitamin business acquired on October 1, 2012. Organic sales increased 1.6%. The company said the increase is driven by 4.7% volume growth, partially offset by 3.1% unfavorable product mix and pricing.

Church & Dwight reaffirmed its full year 2013 earnings per share outlook of $2.79. The company continues to expect full year 2013 organic sales growth of approximately 1.5% to 2% over the prior year. Analysts expect the company to report full year profit per share of $2.80.

The company expects fourth-quarter earnings per share of approximately $0.65. Analysts expect the company to report fourth-quarter profit per share of $0.69.