Colgate-Palmolive CL announces its next round of earnings this Friday, January 31. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
Analysts covering Colgate-Palmolive modeled for quarterly EPS of 72 cents on revenue of $3.93 billion.
Colgate-Palmolive earnings in the same period a year ago was 74 cents. Quarterly sales came in at $3.81 billion. The Wall Street consensus estimate for earnings would represent a 2.70% decrease for the company. Revenue would be up 3.12% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 0.700 | 0.720 | 0.660 | 0.73 |
EPS Actual | 0.710 | 0.720 | 0.670 | 0.74 |
Stock Performance
Over the last 52-week period, shares are up 8.07%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.
Over the past 90 days, analysts have generally adjusted their estimates lower for EPS and revenues. Analysts seem to have settled on a Neutral rating with Colgate-Palmolive. The strength of this rating has maintained conviction over the past three months.
Conference Call
Colgate-Palmolive is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: https://investor.colgatepalmolive.com/events-and-presentations
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.