UPDATE 1-Colgate-Palmolive quarterly sales miss estimates [Reuters]
Colgate-Palmolive Company (CL)
Last colgate-palmolive company earnings: 5/1 06:55 am
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Source: Reuters
Colgate-Palmolive quarterly sales miss estimates | Reuters Reuters Staff 1 Min Read (Reuters) - Colgate-Palmolive Co ( CL.N ) reported on Friday lower -than-expected sales on slower growth and a drop in profit on a charge related to the new U.S. tax law. The world’s largest toothpaste maker’s shares were down 3 percent at $74.90 in premarket trading. The company said sales rose 4.5 percent to $3.9 billion in the fourth quarter ended Dec. 31. Analysts on average had expected sales of $3.92 billion, according to Thomson Reuters I/B/E/S. Net income plunged to $323 million, or 37 cents per share, from $606 million, or 68 cents per share. The company took a charge of $275 million as a result of the U.S. tax reform. Profit, excluding charges, was 75 cents per share, in line with analysts’ estimates. Reporting by Sangameswaran S in Bengaluru; Editing by Maju Samuel All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All
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Earnings
- 4/26/24 - Beat
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Sec Filings
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 4/18/24 - Form DEFA14A
- CL's page on the SEC website