Consumer goods manufacturer Colgate-Palmolive (CL -5.19%) reported mixed fourth-quarter and full-year 2024 earnings on Friday, Jan. 31. Adjusted earnings per share (EPS) for Q4 rose to $0.91, surpassing Wall Street consensus estimates of $0.89.
Colgate-Palmolive (CL) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.87 per share a year ago.
Colgate-Palmolive's CEO noted that the company hit an “exciting milestone,” but it wasn't enough to lift the stock premarket.
Toothpaste maker Colgate-Palmolive forecast annual sales below Wall Street expectations after missing quarterly sales estimates on Friday, hurt by weak demand in North America and Latin America for its household products.
Colgate-Palmolive Company CL will release earnings results for its fourth quarter before the opening bell on Friday, Jan. 31, 2025.
The Colgate-Palmolive stock price remains in a deep correction as investors wait for the fourth-quarter results. CL has plunged by over 17%, bringing its market cap to about $73 billion.
CL's Q4 results are expected to reflect gains from pricing, funding-the-growth and other productivity initiatives, supporting strong business momentum.
Colgate-Palmolive (CL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CL's solid pricing strategies and premium innovation drive growth, but macroeconomic challenges and currency headwinds warrant cautious optimism.
Procter & Gamble and Colgate-Palmolive are among the defendants in six new lawsuits targeting the sale of toothpaste and mouth rinse for young children because the products contain fluoride, which can be harmful if swallowed.
As of January 9, 2025, the New York Fed's model to predict the likelihood of a recession suggests there is a 29% chance the U.S. will enter a recession sometime in 2025. This figure is down sharply from just two years ago, when the model—which makes predictions based yield spreads between 3-month T-bills and 10-year Treasury bonds—gave a 70% chance of a recession.
When the S&P 500 is roaring higher, it's easy to overlook the benefits of investing in hihg-quality, dividend-paying companies. After all, a 2%, 3%, or even 4% dividend yield doesn't look impressive relative to a 23.3% gain -- which we saw from the S&P 500 in 2024.