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0 0.000606461572389534 -0.00016539861065152 0.000220531480869007 0.00253611202999233 0.00396956665564024 0.00430036387694344 0.00396956665564024
Stock impact report

Colgate (CL) Stock Up on Q1 Earnings & Sales Beat, Raised View [Yahoo! Finance]

Colgate-Palmolive Company (CL) 
Last colgate-palmolive company earnings: 5/1 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.colgatepalmolive.com
Company Research Source: Yahoo! Finance
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 per share, up 18% from the prior-year period. The bottom line surpassed the Zacks Consensus Estimate of 82 cents. Net sales of $5,065 million increased 6.2% from the year-ago quarter and beat the Zacks Consensus Estimate of $4,951 million. On an organic basis, the company's sales advanced 9.8%. The sales momentum was mainly driven by organic sales growth in each of the six divisions and across all four categories. The rise was also aided by mid-teen growth in oral care compared with double-digit growth last year. Following the strong first-quarter 2024 results, shares of Colgate rallied 1.7% in the pre-market trading session on Apr 26, 202 Show less Read more
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