Colgate-Palmolive Boosts FY23 Adj. EPS, Sales Growth Outlook - Update

RTTNews | 671 hari yang lalu
Colgate-Palmolive Boosts FY23 Adj. EPS, Sales Growth Outlook - Update

(RTTNews) - While reporting financial results for the third quarter on Friday, Colgate-Palmolive Co. (CL) raised its adjusted earnings, net sales and organic sales growth guidance for the full-year 2023.

For fiscal 2023, the company now projects earnings per share growth in double-digit percentage and adjusted earnings per share growth in the high-single-digit percentage on net sales growth of 6 to 8 percent, with organic sales growth of 7 to 8 percent.

Previously, the company expected earnings per share growth in double-digit percentage and adjusted earnings per share growth in the mid-single-digit percentage on net sales growth of 5 to 8 percent, with organic sales growth of 5 to 7 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.16 per share on sales growth of 7.7 percent to $19.34 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Colgate-Palmolive Q1 Beats Market; Cuts FY25 Earnings, Organic Sales View On Tariffs

Colgate-Palmolive Q1 Beats Market; Cuts FY25 Earnings, Organic Sales View On Tariffs

Consumer products major Colgate-Palmolive Co. on Friday reported higher profit above market estimates in its first quarter with organic sales growth amid very difficult market conditions. Net sales, meanwhile declined, though were above the Street. Further, the firm trimmed its earnings and organic sales forecast for fiscal 2025 on tariff uncertainty, but raised net sales view.
RTTNews | 125 hari yang lalu
Colgate-Palmolive Q4 Results Top Market; Sees Growth In FY24

Colgate-Palmolive Q4 Results Top Market; Sees Growth In FY24

Consumer products major Colgate-Palmolive Co. on Friday reported significantly higher profit in its fourth quarter, above market estimates. The top line also increased and beat the Street view. Looking ahead for fiscal 2024, the company expects double-digit earnings-per-share growth on a reported basis, and mid to high-single-digit earnings-per-share growth on an adjusted basis.
RTTNews | 580 hari yang lalu
Colgate-Palmolive Maintains FY22 Earnings Growth Outlook - Update

Colgate-Palmolive Maintains FY22 Earnings Growth Outlook - Update

While reporting financial results for the first quarter on Friday, Colgate-Palmolive Co. (CL) maintains its earnings and adjusted earnings growth guidance for the full-year 2023, while boosting net sales and organic sales growth outlook.
RTTNews | 853 hari yang lalu
Colgate-Palmolive Recalls 4.9 Mln Fabuloso Cleaners

Colgate-Palmolive Recalls 4.9 Mln Fabuloso Cleaners

Consumer goods major Colgate-Palmolive Co. is recalling around 4.9 million units of Fabuloso multi-purpose cleaners citing risk of exposure to bacteria, the U.S. Consumer Product Safety Commission said. The recall involves certain Fabuloso Multi-Purpose Cleaners, which can be used to clean most residential hard surfaces, in different scents of Lavender, Refreshing Lemon, Passion of Fruits, Spring
RTTNews | 931 hari yang lalu
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 38 minit yang lalu
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 1j 7min yang lalu