Colgate (CL) Stock Up on Q1 Earnings & Sales Beat, Raised View

Colgate-Palmolive Company (CL) has reported first-quarter 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. Results have benefited from strong top-line growth, improved organic volume performance, and gross and operating profit margin expansions. Notably, the company delivered double-digit growth in operating profit, net income and earnings per share for the third consecutive quarter.On a Base Business basis (non-GAAP basis), earnings were 86 cents ...