Earnings Outlook For Colgate-Palmolive

Colgate-Palmolive CL releases its next round of earnings this Friday, July 31. Here's Benzinga's essential guide to Colgate-Palmolive's Q2 earnings report.

Earnings and Revenue

Wall Street expects EPS of $0.69 and sales around $3.78 billion. In the same quarter last year, Colgate-Palmolive reported earnings per share of $0.720 on sales of $3.87 billion. The analyst consensus estimate would represent a 4.17% decline in the company's EPS figure. Sales would be down 7.58% from the year-ago period. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Stock Performance

For a full 12 months, the return has risen by 8.26%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. Colgate-Palmolive is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://investor.colgatepalmolive.com/events-and-presentations