Colgate Announces 3rd Quarter 2020 Results
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Colgate-Palmolive (CL) Tops Q3 EPS by 9c, Revenues Beat
October 30, 2020 6:57 AM EDTColgate-Palmolive (NYSE: CL) reported Q3 EPS of $0.79, $0.09 better than the analyst estimate of $0.70. Revenue for the quarter came in at $4.15 billion versus the consensus estimate of $3.98 billion.
Net sales increased 5.5%, Organic sales* increased 7.5%GAAP EPS grew 21% to $0.81, Base Business EPS* grew 11% to $0.79GAAP Gross profit margin and Base Business Gross profit margin* each increased 220 basis points to 61.2%Net cash provided by operations was $2,756 million year to dateColgates leadership in toothpaste continued with its... More