2/9/2010-Shares of Church & Dwight (NYSE:CHD) are trading 2.6% higher to $62.14 Tuesday after the company reported Q4 EPS of $0.83, ex-items, besting consensus estimates of $0.80.

Revenues for the quarter rose 4% year-over-year to $670.8 million, topping consensus estimates of $660.6 million.

The company expects 2010 EPS in the range of $3.93 to $4.00, ex-items, vs. consensus estimates of $3.88.

James R. Craigie, Chairman and CEO, commented, "We are very proud of the business results and strategic initiatives that we accomplished in 2009. Despite a challenging economic environment, we delivered exceptional organic sales growth, record gross margin expansion, record free cash flow, and exceptional EPS growth. We also significantly increased our marketing support and increased market share for 6 of our 8 power brands. Finally, we began production in our new integrated laundry detergent manufacturing plant and distribution center in York County, Pennsylvania, that will support continued strong revenue growth and margin improvement for our laundry detergent business."

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