Insights Ahead: Colgate-Palmolive's Quarterly Earnings

Colgate-Palmolive (NYSE:CL) is gearing up to announce its quarterly earnings on Friday, 2024-10-25. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Colgate-Palmolive will report an earnings per share (EPS) of $0.88.

Investors in Colgate-Palmolive are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

The company's EPS beat by $0.04 in the last quarter, leading to a 0.0% drop in the share price on the following day.

Here's a look at Colgate-Palmolive's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.87

0.76

0.85

0.80

EPS Actual

0.91

0.86

0.87

0.86

Price Change %

3.0%

2.0%

2.0%

-2.0%

Performance of Colgate-Palmolive Shares

Shares of Colgate-Palmolive were trading at $98.98 as of October 23. Over the last 52-week period, shares are up 37.67%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Colgate-Palmolive

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Colgate-Palmolive.

Colgate-Palmolive has received a total of 10 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $109.8, the consensus suggests a ...