Colgate Announces 1st Quarter 2018 Results
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Colgate-Palmolive Company (CL) PT Lowered to $64 at Deutsche Bank
April 30, 2018 7:36 AM EDTDeutsche Bank lowered its price target on Colgate-Palmolive Company (NYSE: CL) to $64.00 (from $65.00) while maintaining a Hold rating.
... MoreColgate-Palmolive (CL) Tops Q1 EPS by 1c
April 27, 2018 6:56 AM EDTColgate-Palmolive (NYSE: CL) reported Q1 EPS of $0.74, $0.01 better than the analyst estimate of $0.73. Revenue for the quarter came in at $4 billion versus the consensus estimate of $4.02 billion.
Ian Cook, Chairman, President and Chief Executive Officer, commented on the first quarter results, The first quarter was a challenging one as category growth remained soft in many markets around the world. While net sales grew 6.5%, organic sales grew 1.5%, below our expectations, due to flat unit volume growth in emerging markets. In developed markets, unit volume grew 4.5% and... More
