Colgate (CL) to Retain Earnings Momentum in Q1: Wise to Buy?

Colgate-Palmolive Company (CL) is slated to report first-quarter 2024 earnings on Apr 26. The New York City-based company has been reporting steady earnings outcomes, as evident from its positive top and bottom-line surprise trends in the trailing four quarters. CL has a trailing four-quarter earnings surprise of 4.2%, on average. Additionally, the company’s top line surpassed the Zacks Consensus Estimate in the trailing five quarters. Given the company’s positive record, the question is, can it maintain th ...