Colgate-Palmolive Analysts Cut Their Forecasts After Q3 Earnings

Colgate-Palmolive Company (NYSE:CL) reported downbeat third-quarter earnings on Friday.The consumer products giant reported third-quarter adjusted earnings per share of 91 cents, beating the analyst consensus estimate of 89 cents. Quarterly sales of $5.131 billion were in line with the Street view. Net sales rose 2% in the latest period.“As we transition to our new 2030 strategy and deploy our previously announced Strategic Growth and Productivity Program, we are well positioned to reaccelerate growth despi ...