Colgate-Palmolive Boosts FY24 Adj. EPS, Organic Sales Growth Outlook - Update

RTTNews | 293 hari yang lalu
Stocktwits
Colgate-Palmolive Boosts FY24 Adj. EPS, Organic Sales Growth Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Friday, Colgate-Palmolive Co. (CL) raised its adjusted earnings and organic sales growth guidance for the full-year 2024, while maintaining earnings and net sales growth outlook.

For fiscal 2024, the company now projects earnings per share growth in double-digit percentage and adjusted earnings per share growth of 8 to 11 percent on net sales growth of 2 to 5 percent, with organic sales growth of 6 to 8 percent.

Previously, the company expected earnings per share growth in double-digit percentage and adjusted earnings per share growth in the mid to high-single-digit percentage on net sales growth of 2 to 5 percent, with organic sales growth of 5 to 7 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.53 per share on sales growth of 3.7 percent to $20.18 billion for the year. Analysts' estimates typically exclude special items.

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

Teg: CL
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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 | 20 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 | 475 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 | 748 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 | 825 hari yang lalu
European Stocks Turning In Mixed Performance In Cautious Trade

European Stocks Turning In Mixed Performance In Cautious Trade

European stocks are turning in a mixed performance in cautious trade on Thursday with investors continuing to assess corporate earnings announcements and the developments on the trade front post announcement of U.S.-U.K. and U.S.-China trade agreements.
RTTNews | 35 minit yang lalu
Sensex, Nifty Close On Buoyant Note

Sensex, Nifty Close On Buoyant Note

Despite a sharp setback early on in the session and a subsequent volatile spell during which the market climbed higher but faltered again, the Indian stock market closed on a firm note on Thursday. Recent soft inflation data from Indian and the U.S., and the progress in U.S.-China trade talks contributed significantly to market's rise.
RTTNews | 1j 45min yang lalu
Weak Sentiment In Asian Markets

Weak Sentiment In Asian Markets

Sentiment in Asian markets remains subdued as markets digested the latest actions on the trade tariff front.
RTTNews | 1j 45min yang lalu
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