Colgate-Palmolive (CL) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.86 per share a year ago.
Colgate-Palmolive's stock turned red in premarket action Friday, after the consumer-products company beat third-quarter earnings expectations and lifted its outlook, but saw relative weakness in North America in terms of volume and pricing.
Toothpaste maker Colgate-Palmolive raised the lower end of its annual sales and profit forecasts on Friday, after beating third-quarter estimates on resilient demand for its high-priced products.
The consumer products company posted earnings of 90 cents a share on sales of $5.03 billion.
Colgate-Palmolive Company CL will release earnings results for its third quarter, before the opening bell on Friday, Oct. 25.
Colgate Palmolive (India) reported a 16% rise in second-quarter profit on Thursday helped by its expansion into rural markets and demand for its premium personal care products.
Evaluate the expected performance of Colgate-Palmolive (CL) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Colgate's Q3 results will likely reflect gains from pricing actions, funding-the-growth plan and productivity initiatives, offset by inflationary cost pressures.
Colgate-Palmolive (CL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Colgate-Palmolive is a high-quality business with consistent revenue growth, stable gross profit margins, and a strong return on invested capital, making it a solid dividend stock. The company has an impressive 61-year streak of consecutive dividend growth, maintaining a healthy payout ratio of around 60%, ensuring future dividend increases. The recent pace of dividend growth is below par but in line with inflation and top-line business growth.
These three stocks not only generate copious amounts of free cash flow, but also have the potential to continue paying higher dividends over time.
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