Colgate-Palmolive shares slip after guidance pulled due to uncertainty from COVID-19 [MarketWatch]
Colgate-Palmolive Company (CL)
Last colgate-palmolive company earnings: 5/1 06:55 am
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Source: MarketWatch
Colgate-Palmolove Co. stock slipped 1.8% in Friday premarket trading after the consumer products company pulled its guidance due to the coronavirus pandemic. Net income totaled $715 million, or 83 cents per share, up from $560 million, or 65 cents per share, last year. Sales of $4.10 billion were up from $3.89 billion last year. The FactSet consensus is for EPS of 73 cents and sales of $4.08 billion. Colgate-Palmolive has pulled its 2020 guidance due to uncertain factors stemming from the COVID-19 outbreak, including additional volume as consumers work through items purchased during pantry loading, but also reduced category growth in some markets, said Noel Wallace, Colgate-Palmolive chief executive, in a statement. Shares of Colgate-Palmolive have slipped 1.4% over the past year while the S&P 500 index is down 0.4% for the period.
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News
- Colgate-Palmolive (NYSE:CL) was given a new $83.00 price target on by analysts at Barclays PLC.MarketBeat
- Colgate-Palmolive (NYSE:CL) had its price target raised by analysts at JPMorgan Chase & Co. from $88.00 to $93.00. They now have an "overweight" rating on the stock.MarketBeat
- Colgate-Palmolive Webcasts 2025 Fourth Quarter & Full Year Earnings Conference Call January 30, 2026 – 8:30 a.m. ETBusiness Wire
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CL
Earnings
- 10/31/25 - Beat
CL
Sec Filings
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- CL's page on the SEC website