Market Overview

Recap: Colgate-Palmolive Q2 Earnings

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Shares of Colgate-Palmolive (NYSE:CL) rose 2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 2.78% year over year to $0.74, which beat the estimate of $0.69.

Revenue of $3,897,000,000 higher by 0.80% from the same period last year, which beat the estimate of $3,780,000,000.

Guidance

Colgate-Palmolive hasn't issued any earnings guidance for the time being.

Colgate-Palmolive hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 31, 2020

Time: 08:30 AM

ET Webcast URL: https://investor.colgatepalmolive.com/events-and-presentations

Price Action

52-week high: $77.41

52-week low: $58.49

Price action over last quarter: Up 12.12%

Company Profile

Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oral care line, the firm manufactures shampoos, shower gels, deodorants, and home care products that are sold in over 200 countries around the world (international sales account for about 70% of its consolidated total, including approximately 50% from emerging regions). It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.

 

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Posted-In: Earnings News