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

RTTNews | hace 738
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 | hace 192
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 | hace 647
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 | hace 997
Swiss Market Pares Early Gains, Settles Flat

Swiss Market Pares Early Gains, Settles Flat

Save for a brief while during the closing minutes, Switzerland's SMI index stayed positive on Monday, but still ended the session with just a slender gain as several stocks pared early gains due to a lack of support at higher levels.
RTTNews | hace 1h 59min
European Stocks Close Higher As Investors Asses Economic Data, Recent Earnings

European Stocks Close Higher As Investors Asses Economic Data, Recent Earnings

European markets closed mostly higher on Monday, led by gains in the banking and automobile sectors. Investors assessed U.S.-China trade discussions, recent earnings updates, and digested the latest batch of regional economic data, in addition to awaiting the Bank of England's monetary policy announcement due this week.
RTTNews | hace 2h 30min