Colgate-Palmolive Company (CL) reported fourth-quarter 2023 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. Results benefited from strong top-line growth, improved organic volume performance, and gross and operating profit margin expansion.On a Base Business basis (non-GAAP basis), earnings were 87 cents per share, up 13% from the prior-year period. The bottom line surpassed the Zacks Consensus Estimate of 85 cents.Net sales of $4,950 million increase ...

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Colgate-Palmolive (CL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.Colgate-Palmolive is a member of our Consumer Staples group, which includes ...

For the quarter ended December 2023, Colgate-Palmolive (CL) reported revenue of $4.95 billion, up 6.9% over the same period last year. EPS came in at $0.87, compared to $0.77 in the year-ago quarter.The reported revenue represents a surprise of +1.06% over the Zacks Consensus Estimate of $4.9 billion. With the consensus EPS estimate being $0.85, the EPS surprise was +2.35%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

4Q and Full Year 2023 Earnings Presentation January 2024 Notice for Investor Presentation Please review the fol ...

Colgate-Palmolive (CL) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.35%. A quarter ago, it was expected that this consumer products maker would post earnings of $0.80 per share when it actually produced earnings of $0.86, delivering a surprise of 7.50%.Over the last four quarters ...

Dental, personal care and pet food products maker Colgate Palmolive Co. CL, +1.42% said Friday it had net income of $718 million, or 87 cents a share, in the fourth quarter, up from $5 million, or 1 cent a share, in the year-earlier period. Adjusted per-share earnings came to 87 cents, ahead of the 85 cent FactSet consensus. Sales rose to $4.950 billion from $4.629 billion, also ahead of the $4.893 billion FactSet consensus. “We leveraged our strong margin performance to invest behind building our brands, ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Sty ...

In today’s ever-evolving economic landscape, where the threat of recession remains remarkably relevant, the allure of consumer staples stocks has become increasingly prominent. Looking back at the previous year, we witnessed a scenario where stubborn inflation left the Federal Reserve with no option but to ratchet up interest rates. Notably, even as the stock market has pivoted to a bull market, the U.S. recession probability stood at a concerning 62.9% as of December 2023, a noticeable jump from November’s ...

Wall Street analysts forecast that Colgate-Palmolive (CL) will report quarterly earnings of $0.85 per share in its upcoming release, pointing to a year-over-year increase of 10.4%. It is anticipated that revenues will amount to $4.88 billion, exhibiting an increase of 5.5% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial pr ...

Key PointsThe market could show a slowdown, or at least this reliable indicator suggests.Three stocks could continue dancing if the music stops and the market throws a tantrum.Analysts still see them growing tremendously, giving you the safety and profit potential your portfolio could need in an "if the world ends" scenario.5 stocks we like better than Consumer Staples Select Sector SPDR FundAs the new market cycle starts, a few uncertainties come with how the Federal Reserve (the Fed) will potentially cut ...